SP1 0.00% $1.07 southern cross payments ltd

ISX Charts, page-1371

  1. 359 Posts.
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    2 points you make there.

    Your second point - second sentence starts with "I dropped" - years ago? - we know you weren't referring to ISX shares in your statement.
    Re your statement - were your sell share prices pre-set or determined (by you or CommSec) due to your borrowing from Commsec and/or based on your other share holdings? I'm assuming in either scenario, that is similar to setting a stop loss or pre-setting a sale on rising/falling SPs. Pre-set stop losses can be very risky--- as are pre-set sell price orders when facing unanticipated SP increases - especially when increases/rises are expected due to medium-longer term performance and anticipated or imminent shorter term announcements. Maybe your decision wasn't good as you state "you dropped" due to "short term price falls on really good companies" - the rest of the point you made above. As for borrowing, who knows? HC posters aren't investment advisors and many investment and superannuation advisors have a poor and published track record to date.

    Your 1st point - conflicts with your 2nd point.
    1st point - you can't cover all the contingencies for many shareholders - e.g. you have not thought of trades/transfers between shareholders - i.e. corporate (company shareholders), institutions, personal (retail and company) and superannuation and SMSF holdings etc etc etc. Also depends on the company/share. So much you haven't considered there in your generic statement.

    Not sure you understand ISX yet. CBA/Klarna 'news' is not new to us and Klarna is an Afterpay rival (Klarna and Afterpay being BNPL companies). ISX is not a BNPL - Buy Now Pay Later company.

    Anyway, doesn't matter.

    There are many of us who do know what ISX does.. and know the growth potential which will be exponential in the future.

    I hope ISX's top 20-50 shareholders buy more shares and the remainder of the balance of shares is held by those who understand what ISX is and what it is achieving. Another bonus for many retail investors - we will never need to fear a 'hostile takeover' as the top 20 own the majority of the shares on issue.
 
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