SP1 0.00% $1.07 southern cross payments ltd

Something is very wrong. Is anyone watching? Does anyone care? Can this be another government screw-up?, page-207

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    Hi, Itzgr8 I think the Clinton explanation is a great one and I was thinking about it this morning. The simplest answer was he was fooling around and I think we probably all have the same view on that.

    But what I was really thinking of was semantics and how words are used to distract. In the market we need to focus on every word was a "slightly" before or after a below/above in earnings guidance added or removed. How has the terminology changed.

    Now consider the last 48 hours - VISA emails come out showing issues with processes (unconfirmed granted). The JK email says if there were breaches why were they not reported to Austrac(I'm paraphrasing).

    With that email the narrative has changed but did it really address the concern?

    The escrow issue was similar, ISX offered an escrow that the ASX could never accept (due to limitation of ability to suspend the stock and therefore manage the market) but in offering it ISX claimed the high road. The suspended for volatility" and 14 "minutes notice" lines are two others that are trotted out that are really irrelevant.

    These issues are often fraught with minute differences and in the time I've looked at the market, I'd say this one more than most which is why it is so important to keep an open mind and read anything rather than many posters here that simply cheer the company and shout down any negative view.
 
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