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

Well, the only one apart from a hundred or so HotCopper...

First 57 Last

Share
Profile

Follow
Ooogerbooger

1,612 Posts.

409

06/02/20

22:09

Post #: 42791227
Share

Originally posted by Whatknots: ↑

The way I read the AFR/SMH article is that the outcome of the case has implications for any financial services firm providing monetary transactions to companies providing CFD/Bitcoin or other high risk operations. ISX by there own admission play in this space, and had a big windfall by NAB ceasing to service these customers. Thus while ISX was not conjoined into the case mentioned, folk would have to be naive to think that future cases in this space would not go after ISX or the banks if they provided monetary transactions to similar entities. And that is all AFR we’re highlighting. Personally I don’t think it was a stab at JK or ISX directly, but to highlight the risk to all financial service firms. JK it seems was the only one who over reacted and took it personally.

Expand

Well, the only one apart from a hundred or so HotCopper posters.

Otherwise I agree with you - excellent summary.

ISX Price at posting: $1.07 Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

EMR

Emerald expands underground resource by 105Koz at Cambodian gold mine Okvau

I88

Infini rolls on with soil sampling at Portland Creek not long after making possible 'uranium history'

TLG

Talga expands Prospectus Offer to $9M, banks $18.5M overall since end of financial year

EBR

EBR reaches review milestone for wireless cardiac pacing device

HYT

Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep

There are more pages in this discussion • 13 more messages in this thread...

First 57 Last

Add SP1 (ASX) to my watchlist