SP1 0.00% $1.07 southern cross payments ltd

Hi Guys This super low volume trading, and the resultant sp...

  1. 1,888 Posts.
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    Hi Guys

    This super low volume trading, and the resultant sp creep isn't a true indication of the long term quality, depth and future prospects of iSignthis.

    OK, it's not nice to see the sp trend south, but it is only on some small retail holders that are moving on. Since the supply update issue on 26/9, less than 1% of shares on issue have been traded on the asx. (approx 9.0 million) - that's not a sign of investors abandoning ship.

    The way I see it, iSignthis will be treading water for the next month or so whilst awaiting for the teir 1 rescue raft to inflate and transport the company away from this unpleasant, EU revenueless state that was thrust upon them.

    So how are the shareholders going to be kept sustained in the interim, leading up to teir one and the normalisation and return to sunny blue skies once again.

    Plenty of positive announcements that far outweigh this disruption is the answer.

    Were likely to see some very good GTPV contract announcement, as well as confirmation that the company has acheived teir 1 certification for Visa/MC in the EEA before the Sept quarterly. Then add in the host of other regulatory, banking, card and scheme participation approvals. It all add up to growth, not grey skies that the market now sees.

    This current disruption is just that, a disruption. None of the fundimentals have changed, there've only been delayed.

    Cheers
    Tradealot
    Last edited by tradealot: 08/10/18
 
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