SP1
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0.00% $1.07 southern cross payments ltd

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

  1. steve001
    287 Posts.
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    30/07/19
    09:56
    Post #: 39753176
    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
    ISX Price at posting: 70.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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