SP1 0.00% $1.07 southern cross payments ltd

The longer we wait to be listed the better as profit should...

  1. 1,010 Posts.
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    The longer we wait to be listed the better as profit should continue to grow which obviously will increase the market cap when the listing is completed. I imagine that there will be plenty of shorters waiting in the wings, with the intention of building up a huge warchest of shorts, and then taking the S.P. down to a terrible level, why? because there are a lot of well heeled people who don't want a system that involves K.Y.C., they would probably prefer to keep using certain Aussies banks to do their money cleaning. The competitors to ISX might also have malicious intentions, and then there are people who just don't like the idea of Nickolis having 40 M shares in his portfolio. I'd prefer to wait and let the company get on it's feet before facing the onslaught of the free market.
 
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Currently unlisted public company.

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