SP1 0.00% $1.07 southern cross payments ltd

Makes sense we haven't had an update for a long time, they...

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  1. 291 Posts.
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    Makes sense we haven't had an update for a long time, they wouldn't have wanted market to know about the manual phase while the share price was rocketing.

    Anyhow guidance reaffirmed on increasing costs (not unexpected) is great news. $10.7M for 2019CY from here equates to circa $22M annualised profit for 2020CY on zero additional growth. At paypal multiple of 60 look for market cap to be $1.3B minimum by EOFY.
    Last edited by steve001: 30/07/19
 
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