Australia's largest stock trading and investment forum Australia's #1 stock forum

SP1

Click for more information

0.00%

$1.07 southern cross payments ltd

how ridiculous if he did that his credibility would be...

First 46 Last

Share
Profile

Follow
kobbie

552 Posts.

44

14/03/20

21:17

Post #: 43496998
Share

Originally posted by aniesbaswedan: ↑

So the speculative scenario that I am thinking is this:

ISX is going to be delisted so ISX migrates all of ISX's assets to the NSX. NSX becomes the new ISX and JK becomes the new CEO of the new company. ISX is then delisted and becomes a carcass. All of ISX's retail shareholders then become holders of an empty shell. So how much is the price per share for an empty shell?

Meanwhile JK would still be a CEO in the new company and would still be listed on the ASX so he is fine but what about ISX's shareholders???

Expand

how ridiculous if he did that his credibility would be completely shot and nsx would have trouble getting a start and people would avoid it like the Coronavirus!!! Sounds like another BS Annie scenario!!!

ISX Price at posting: $1.07 Sentiment: Hold Disclosure: Held
10 Upvote

Reply

Top Stories

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Making money: How many microcaps should be in an investor's portfolio?

First 46 Last

Add SP1 (ASX) to my watchlist