SP1
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0.00% $1.07 southern cross payments ltd

thank you for the reminder. Millions dissapeared into that JV.4...

  1. JoeGambler
    7,257 Posts.
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    23/02/24
    22:45
    Post #: 72570821
    thank you for the reminder.

    Millions dissapeared into that JV.

    4 years ago....

    As NSX was required by accounting standards to disclose, it has not generated any revenue from the JV and does not expect to in the the next few years, and all the value of the JV was therefore written off to zero.

    https://hotcopper.com.au/data/attachments/5983/5983491-bde771aa5eee47a5d8bbc6642f542d38.jpg

    Last edited by JoeGambler: 23/02/24
    SP1 Price at posting: $1.07 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 4  Great analysis
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