SP1 0.00% $1.07 southern cross payments ltd

Is the media tide finally turning?, page-111

  1. 95 Posts.
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    To expand on my post above now that I'm on a desktop and not the clunky mobile interface... the full quote from the tech day presentation is:

    The Company’s guidance is based upon the premise that the ASX and ASIC enquiries and ongoing suspension do not affect customer and partner confidence, and do not continue to divert senior management attention from the operation.

    The way I read that is that the company is flagging that investigations are currently diverting the senior managements attention and they may miss guidance if it can't be wrapped up in the short term.

    The quote in the article posted by Green Hornet (https://hotcopper.com.au/posts/41056215/single) is:

    In a bid to reassure shareholders, the company said on Thursday the ongoing investigations “do not continue to divert senior management attention from the operation”.

    Last edited by akpv: 25/10/19
 
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