SP1
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0.00% $1.07 southern cross payments ltd

ISX Financial, page-1602

  1. JoeGambler
    7,315 Posts.
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    14/02/24
    16:46
    Post #: 72406740
    The NSX "asset" on ISXFU's balance sheet is already down 21% this year, and the company is lending up to 1m cash to just keep its lights on during the capital raise process to avoid insolvency. I think its fair to say the millions ISX put into NSX has been a capital allocation disaster. Or was all worth it to be able to say ISX was in competiton with the ASX? Haha
    Last edited by JoeGambler: 14/02/24
    SP1 Price at posting: $1.07 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 5  Great analysis
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