SP1 0.00% $1.07 southern cross payments ltd

Independent expert report, page-333

  1. 422 Posts.
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    Strategically the holding of ISX is a financial ransom such that NSX would not have the financial backing despite of two separate entities. As to the outside world, the image of NSX is not a clean fair company with ISX owner has an unsettled court case behind him. Would anyone trust this company to handle the shares of any companies? Would NSX behaves the same as ASX when similar issue happen again?

    Inversely clearing ISX's court case would have a degree of peer pressure onto ASX down the road.

    Questions now are: When ISX court case is settled (for better or worse), would you continue your investment with ISX? What would the ISXEU shares be? Does it mean anything to you and me? If ASX de-listed ISX, how do investors sell their ISXEU? As far as I know we still have not received any material on how to sell the ISXEU. I for one what to know how to convert my "digital shares" to cash.
 
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