SP1 0.00% $1.07 southern cross payments ltd

Nona Announcement to allow trading to recommence, page-88

  1. 36 Posts.
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    this company is an absolute reputational train wreck. there's no other way to describe a company that has been suspended for 8 months and I don't think there's any doubt that they did kick some own goals as someone mentioned earlier. one thing is for sure though and when they start trading again, at 10c or so (just a guess) some decent gains are there to be had for non holders like myself.....as long as Visa starts trading with them again. if they don't and MasterCard follows suit, it's game over and they'll be a KYC authentication company with a different growth profile. I haven't seen any update on the Visa piece. you should look at companies like wave crest that Visa just walked away from, it's not uncommon if they are worried about some of the reputational stuff impacting them.
 
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Currently unlisted public company.

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