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$1.07 southern cross payments ltd

Ann: AGM- Managing Director & CFO Report, page-10

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Guts

841 Posts.

277

14/05/21

17:23

Post #: 53186570
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Originally posted by Guts: ↑

Key take outs for me. Appx 25 shareholders attended which is down from 2019, by about half. ASIC court case needs to be concluded so we can move forward and relist elsewhere. ISX v ASX can run its course in the background, no bearing on relisting elsewhere. Growth being stifled due to the inability to raise funds. Would like to keep $15m in the bank. Profits reinvested into development. J.Davies being judge in both cases might be prejudicial if she formed a view. 2x central bank licenses with possibly more in the pipeline. Every authority, MC, central bank, lawyers, etc that have ever audited ISX have passed with recommendations for areas of improvement being adopted. Visa never performed an audit. Visa, dead for now but not buried. Clearpay will be a monster if it gets through. Sorry, summary bit rushed, gotta go

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Couple of other juicy bits, 2 in particular which I let others who were there provide info on should they choose!

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