SP1 0.00% $1.07 southern cross payments ltd

Ann: Appendix 4C - quarterly, page-91

  1. 2,862 Posts.
    lightbulb Created with Sketch. 2016
    Any drops below 15c and I'll be accumulating.

    More patience is needed (I know some have waited 3 years).

    Give ISX another 6 months. Once things turn profitable it will trigger a lot more attention and FOMO will kick in. No more games then.

    Remember that commentary has been conservative and understated from this company.

    With that in mind, the recent 4C said that growth is surging and unpredictable. So much so that they cannot give meaningful guidance for the June quarter at this stage. Growth is so great that they can't even try and throw a number at it yet.

    There will be some dilution, which the SP is already adjusting itself to right now, but the rapid growth will takeover at some point and then we will see positive SP movement.

    Look at it this way, the growth is actually being recognised. Rather than the SP dropping significantly on the likelihood of up to 50% dilution, it is actually holding to its long term range. So the growth is being recognised we just need to wait a bit longer and it will reflect in SP after the initial growth has been absorbed by dilution.

    Think long term people! It will be worth it.
 
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