SP1 0.00% $1.07 southern cross payments ltd

Ann: Further Australian card acquiring/processing contracts, page-23

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 658 Posts.
    lightbulb Created with Sketch. 27
    not self professed genius - just easily annoyed by people on here (not aimed at you) who feel that if their favourite stock doesn't bounce 20% because a 300k deal was announced, it must be sinister manipulation.

    Perhaps the real reason is that a market cap of A$100m+ needs to be justified by earnings, or forward looking earnings.

    This is a good little business, but it loses money. Once it makes money it may be reweighted, but that would need (as an example) earnings of A$2.5mln to show a PE of 40 x (that is where FaceBook is valued).
 
watchlist Created with Sketch. Add SP1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.