SP1 0.00% $1.07 southern cross payments ltd

Perhaps you'd like to take a shot at the question that no ISX...

  1. 1,610 Posts.
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    Perhaps you'd like to take a shot at the question that no ISX fanboy here has been able to answer:

    In the period preceding the looming expiry of the performance rights, management took actions that resulted in a very temporary enormous spike in "revenue" that was loss-making, unrelated to the company's core business and produced no follow-up business. As a direct result of those actions, 40% of the company was handed over to JK and associates, gratis.

    So... how were those actions in the interests of shareholders?
 
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