SP1 0.00% $1.07 southern cross payments ltd

FY2022 annual report, page-12

  1. 471 Posts.
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    Hey Nasha - I'm not a hater but I am a cynic. AR figures quoted above show a business in good shape. I cannot see the AR so I'll just accept what was posted. You do understand that litigation is a big headwind to an IPO in any credible jurisdiction. Depending on the outcome of litigation, so too the CEO might be a barnacle on the IPO boat. So yes, management continues to bullshit about an IPO - it's smoke and mirrors - not because the business is un floatable but because management is unacceptable, at least until litigation has finished.

    There were also new IPO business conditions that NK JK YJK NYJK recently sprung on you all - FFS whats next? The IPO update is a croc and you know it.


 
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