SP1 0.00% $1.07 southern cross payments ltd

Ann: Response to ASX Query Letter, page-811

  1. 876 Posts.
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    I agree, people are dreaming if they think there's going to be some letter from ASIC or the ASX stating ISX is a clean well run organisation. I also find it very hard to believe there will be any repercussions for the AFR (even for the breast feeding article), but you never know.

    I wouldn't be so certain on a 20-50% drop on open though. As each day passes and the 2019 guidance looks more and more certain, a very firm floor is starting to build underneath the stock price. Its amazing how quickly sentiment can change, while it's all doom and gloom during a suspension, greed and FOMO can take hold in an instant, and in the cold light of day, when the market is faced with a high growth, profitable, fintech it might prove to be an irresistible buy.
 
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