SP1 0.00% $1.07 southern cross payments ltd

Ann: Annual Report to shareholders, page-8

  1. 533 Posts.
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    "They are too small an outfit, and do not have deep enough pockets, to maintain this ongoing litigation war with the ASX"

    Hey Foxx29, this is what the ASX thought would be the case too. ISX had to take the ASX to court otherwise it would have been all over red rover. Iam happy with the current outcome, it has given ISX and its shareholders an avenue to carry on and not roll over and die as the ASX would have preferred. ISX EU, is making money and looks like it's continuing on its growth trajectory.
    The court costs are a price ISX has had to pay in order to continue on. Hopefully the courts will find in ISX's favour and those costs will be reimbursed plus some extra$$$.
 
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