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$1.07 southern cross payments ltd

I suspect its not all about whats is best for shareholders....

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UncleDuck

151 Posts.

39

18/09/20

09:21

Post #: 47439116
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Originally posted by Goldphish: ↑

The system needs to change so that there is some sort of mechanism in place for these issues to be resolved sooner, court shouldn't be the only option. 99% of startups would likely have gone into insolvency before getting to this point. We could easily be 1-2 years away from this being finalised, the motivations for ISX to fight this all the way are clear, but I really can't understand the ASX's motivations to go so hard on this, how does this benifits them and their shareholders isn't clear.

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I suspect its not all about whats is best for shareholders. There seems to quite a bit of ego at play, on both sides.
I support ISX decision to take this to court. I side with their ego over ASX.

ISX Price at posting: $1.07 Sentiment: Hold Disclosure: Held
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