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0.00% $1.07 southern cross payments ltd

Ann: Demerger of European Businesses, page-23

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  1. itzgr82balive
    2,243 Posts.
    lightbulb Created with Sketch. 4424
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    01/09/21
    11:24
    Post #: 55743190
    Read the demerger documents @berocca, as I understand it, your shares in ISX will remain with ISX but you will be given 1 share in ISXFEU for every 10 ISX shares you own. ISX AU will continue to fight ASX/ASIC in the courts and will concentrate on new Australian business.

    This really does seem like a win/win to me.
    Last edited by itzgr82balive: 01/09/21
    ISX Price at posting: $1.07 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 50  Upvote
    lightbulb Created with Sketch.  Great analysis
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