Australia's largest stock trading and investment forum Australia's #1 stock forum

SP1

Click for more information

0.00%

$1.07 southern cross payments ltd

Ann: Response to ASX Query Letter, page-29

First 29 Last

Share
Profile

Follow
hilldweller

7,996 Posts.

481

28/10/19

10:56

Post #: 41095452
Share

go back and read the report again.

do a search on April 2019...

you have just shown how big a fool you are.

Originally posted by Charterrierist: ↑

Basically, they are saying the client does ‘x’ gross transactions per year.

ISX has the expertise/technology to potentially service % of ‘x’ and hence we annualised that.

That is dodgy as heck.

That’s like me saying Coles sell $50m worth of cakes a year. I have the capability to produce $50m worth of cakes (although now only selling $1m to Coles) but we will state $50m anyways.

I actually thought GPTV was meant to be the amount of transactions (of which ISX takes a cut) which actually took place and ISX annualised that.

Expand

ISX Price at posting: $1.07 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

RBA holds rates as ALP election campaigning kicks off – expect more political focus

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

RCE

Recce reaches key dosing milestone in testing of skin infection gel

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

There are more pages in this discussion • 1,047 more messages in this thread...

First 29 Last

Add SP1 (ASX) to my watchlist