SP1 0.00% $1.07 southern cross payments ltd

Ann: ASX Update on status of ASX Directions, page-463

  1. 661 Posts.
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    Hang on aren't we in this mess because there is a debate over a definition of what is a "fair" suspension? Here we are 9mths later and there's still no resolution in sight... Your suggestion just add's grey area and we've seen how that goes.

    "They could also just make a 24 month or 36 month escrow that does not stop regardless of activity such as suspension." i.e. a standard escrow arrangement. Absolutely, exactly my point. In fact the standard only requires 12mths. So why aren't they offering that. And why aren't shareholders berating them for not doing it.
 
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