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0.00% $1.07 southern cross payments ltd

Ann: Shareholder Update, page-86

  1. aniesbaswedan
    6,681 Posts.
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    11/11/19
    14:59
    Post #: 41358912
    Well, one of the reasons, if not the only reason, I believe is the ongoing ASIC investigation. So ASX does have reason to suspend:

    https://hotcopper.com.au/data/attachments/1820/1820966-0878b32caa2ce7b24f7cbf76c988c005.jpg

    Even any reinstatement would involve ASIC:

    https://hotcopper.com.au/data/attachments/1820/1820969-4bc0fff46c8c730f8207210961eda669.jpg

    So I believe, once ASIC investigation is over, so would the trading halt.
    Last edited by aniesbaswedan: 11/11/19
    ISX Price at posting: $1.07 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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