SP1 0.00% $1.07 southern cross payments ltd

I think you will be correct. Some will look at the cash burn and...

  1. 479 Posts.
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    I think you will be correct.
    Some will look at the cash burn and growth in revenue and bail out.
    3 months can be a long time for ST holders.

    I thought the 4C was thereabouts of what could be expected.
    Nothing to panic about and the potential beginning to be realised.
    Without forward projects from the company we are all just guessing where the revenues will land.

    Some good takeaways:
    Net Operating Cashflows were in line with the companies expectations
    JCB not in the mix for revenue yet
    Transactional banking services still to come

    I'm not bothered if they need to raise funds to bridge negative cashflow for a short period.
    This is just the beginning.
 
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