SP1 0.00% $1.07 southern cross payments ltd

Ann: ASX Query Letters re ISX suspension & termination by Visa, page-234

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  1. 425 Posts.
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    Do you think i'm unfairly laying the boot into ISX?

    Overall i am still interested in seeing this work out for ISX and dont think ASX has behaved appropriately. All i am commenting on here, in isolation to eveything else, is that ISX knew why Visa terminated the relationship but said they didn't know why to their shareholders. It may be immaterial, but it does indicate that ISX lied to us. I think this value (lying) probably doesn't help their court case (as it validates ASX being reasonably suspicious of ISXs responses), and doesn't help investors take information from ISX on face value.

    Just dissapointed.
 
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