SP1 0.00% $1.07 southern cross payments ltd

Ann: Investor Briefing September 2018, page-26

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    Vanana, cryptos are the thin end of the wedge here. Money transfer, foreign exchange, card settlement, payments, online gaming, gambling are making up the vast majority of revenue. Although cryptos are part of that I’d say you could halve that input and then halve again and you wouldn’t notice it.

    When you are actively scooping up an Australian market for high risk transaction being left exposed by the big 4 which is 30+ times bigger than Isx’s current revenue you aren’t too worried about a couple of your customers reducing their throughput volumes. Ie anything isx lose from crypto retraction is eliminated 10 fold by each new customer which are being signed up monthly.
    Last edited by Mach2money: 25/09/18
 
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