SP1 0.00% $1.07 southern cross payments ltd

ISX off-topic thread, page-3326

  1. 3,828 Posts.
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    then allow me to indulge...
    fully acknowledge that directors spitball and investigate all sorts of things...... as I would expect them to do....... and may contemplate many future activities that may, or may not, eventuate.... woulda, coulda, shoulda. that is what they are actually paid to do EVERY SINGLE DAY.

    but the following scenario is NOT something I would find comfortable for my directors to think is a good thing for investor confidence.

    1. say that a prospectus will come out in just over 2 months for a company relist that will be fully completed within 3 months after that.
    2. get that new London Stock Exchange listing completed, then
    3. 6 months after doing that new listing, and after new investors have bought into the company, spin-off 90% of that new listing into a separate entity that would become unlisted at that point in time.

    that in toto scenario is fanciful to me....... i can only think that LSE have had further "discussions" that post date October 2020.

    Last edited by A4paper: 25/11/21
 
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