SP1 0.00% $1.07 southern cross payments ltd

ASIC v ISX Hearing, page-2442

  1. 1,172 Posts.
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    Fair enough. Wasnt sure, but better to give more info than less.

    i'll disagree with you on the motivation to get listed. He has dragged his feet constantly. And the quarterly listed about 8 delays he's magically encountered, that couldve been dealt with while we were "waiting on markets to improve".

    Realistically, most exchanges require various searches, compliances, and that directors be of good standing, etc. My guess is that theyve all told him theyll wait for the outcome of the ASIC allegations. He doesnt want to communicate that to shareholders though because if we jettison him, it'd probably fix it. Of course, he promised listing, put himself up for relelection for another term, and as soon as he was elected gave us piles of bad news, so...
 
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