SP1 0.00% $1.07 southern cross payments ltd

Ann: Operational Update, page-31

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  1. 883 Posts.
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    I think costs can easily be cut in this business to maintain profitability, that's not my concern.
    The problem for ISX is that zero growth will not support anywhere near the current PE ratio. Corona or no Corona, for long term Share holder gain they need to get the suspension issue resolved and continue growing the business. It seems like there are too many battle fronts open at the moment: NSX, ASX, Conona, ASIC. I'm happy to see what management can do, but some of these issues need to start being resolved else we'll be back at 20cents long after the virus has passed by.
 
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