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$1.07 southern cross payments ltd

Oh man, Nipopsthanus must be so happy now...

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Evilbetty

2,410 Posts.

1307

07/05/24

15:10

Post #: 73706316
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Originally posted by TDB: ↑

Hey hornbag, I sent this to Jaffas , you may be interested too...

Well you sort of have lost money already.You have the "opportunity cost" of having your money "tied up" with Nikotheanus, aka, ISX.

For example, say you had 100k in with ISX , its been tied up for approx 5 years ( "tied up" as in you cant get your hands on it if you wanted to.)

With deposit interest rates over the period of ISX not being listed ( or tradable) at an average of say 4% , the opportunity cost to you is around 20k .
So you need to return at least 20% on your ISX "investment" just to break even!

And its not over yet... LOL !

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Oh man, Nipopsthanus must be so happy now...

SP1 Price at posting: $1.07 Sentiment: None Disclosure: Not Held
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