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$1.07 southern cross payments ltd

great post zman. certainly very much different to my court...

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21/01/22

22:21

Post #: 59053816
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Originally posted by ZMan: ↑

Alternative Liquidity Fund is in the business of buying illiquid assets.

$1m investment is a typical investment size for them; they have 24 investments and NAV of US $26m.

They are listed on the LSE, so there is plenty of public info available on them:
https://www.londonstockexchange.com/stock/ALF/alternative-liquidity-fund-limited/company-page

This fact sheet describes their valuation methodology;
https://assets.lsegissuerservices.com/original-256b2cde-7014-4bfb-9d57-47c35bc7ac17.pdf

They dont rely on returns from any potential class actions for their valuation.
They rely largely on accounts and third party valuations, in the case of ISX these dont include any potential returns from the ASX legal case.
For me, there is plenty of upside potential in the value of ISX from the ASX legal case.

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great post zman.
certainly very much different to my court jester type posts that followed.
that is why i talk stocks.

ISX Price at posting: $1.07 Sentiment: Buy Disclosure: Held
3 Upvote

1 Great analysis

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