SP1 0.00% $1.07 southern cross payments ltd

Ann: Appendix 4C - quarterly-ISX.AX, page-37

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  1. 436 Posts.
    I hope so john1160. Perhaps the big issue is that there is no confirmation of revenue, as per signed contracts. It is easy for ISX to say that they are aiming for US$10 per KYC, and a few cents on each transaction - but it is also possible that HUGE discounts, or even fee-free periods (could be) in place.

    John has advised that each contract term will remain confidential, and that is a very good indicator that each partner will be offered varied terms dependent on the skill of negotiations, or potential.

    With all of that in mind, I can understand why serious broking houses and analysts cannot cover this stock yet. Once the first report with significant revenue comes in that could all change, but honestly that could still be some time away.
 
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