SP1 0.00% $1.07 southern cross payments ltd

While holders are closely scrutinising this 4C, the listing...

  1. 1,411 Posts.
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    While holders are closely scrutinising this 4C, the listing market operator will be disecting it in minute detail.
    Coming from a situation were a market operator accused the company of fudging the figures and the Regulator is still in court with the same accusations it would be foolhardy of a CEO to overpromise a this delicate juncture in the listing process.
    Underpromising and overdelivering now creates trust and shows the Company and CEO learned from what has transpired over the last 4.5yrs. The numbers are stunning, and unexpected, by most. Better to let them stand on there ownfrom the company's POV, dial it back on future revenues like a good corporate citizen and wait for the Q2 numbers. If the margin and growth is replicated it is a win win from a listing and holder perspective.
    You can't separate what has gone on before from the outcomes they are trying to reach for all holders.
    ISX has grown up so to speak, no longer a start-up, it is looking to be one of the big players playing in a far bigger market than little old Oz. The fact it is acting like it now before listing speaks volumes to me.
    Looking forward to Q2 numbers because if these growth and margin numbers continue we are back baby, " fish are jumping in the boat " time again.
 
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Currently unlisted public company.

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