SP1 0.00% $1.07 southern cross payments ltd

I think all this talk of reverse-takeovers, no outlook for...

  1. 36 Posts.
    I think all this talk of reverse-takeovers, no outlook for profit, etc, is very premature. The stock has gone down on low volumes and is now at cash value. Whilst I am not enthusiastic at management thus far, I think it is way to early to give up on, unless you are a pure trader. In fact, these levels make it a good time to hoover up after nervous investors. Patience may be rewarded - ALA still has a growing app-dev part, an interesting investment holding and some nice vested interests.
    Going down on no direct bad news is not a reason to follow the lemmings. imho.
 
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