SP1 0.00% $1.07 southern cross payments ltd

Ann: Commences Federal Court Action against ASX, page-279

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  1. 1,067 Posts.
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    Fact: ISX is suspended
    Fact: The matter is before the court
    Maybe the court will lift the suspension, if it does, there will almost certainly be a decision about performance rights tranche A, B, C leading to a ONE TIME adjustment in the share price to fit the prospective market capitalization.
    Why would the court not recognize that it has to resolve the performance rights issue, there is a $300m of uncertainty in the market cap by lifting suspension without resolving that?

 
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