SP1 0.00% $1.07 southern cross payments ltd

Group UpdateOverall revenue grew in the quarter, with cash...

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  1. 1,971 Posts.
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    Group Update
    Overall revenue grew in the quarter, with cash receipts of €5.7m were up 17% on the prior
    quarter due to improved revenue from our SEPA instant and batched interbank payments
    network, and from Alternative Payments Methods (APMs).

    This is surely a sign of a failing business right bob, joe, TDB? LOL

    For JK to continue growth with ALL the pressure being put on the business is has been nothing short of amazing.

    I think I can speak to most shareholders is that he is doing an amazing job of steering the ship in these rough seas. I cannot fathom where the business would have been if the OM report did not come out or ASX didn't look for excuses for its extended suspension. In the end, the court will look at everything JK has done before and after the suspension and see how much of an asset he is to shareholders.






 
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