SP1 0.00% $1.07 southern cross payments ltd

ISX off-topic thread, page-446

  1. 2,243 Posts.
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    I definitely do NOT support asking JK to take one for the team. My sense from the answers to questions I have asked JK in emails (answers which I have posted in various threads recently) that he believes if there are any breaches found they will not be substantial/material. He can argue very convincingly that the installations completed when the performance shares were earned, provided the revenue in 2019 after the tier 1 network was complete which, JK says "otherwise must have appeared by magic". He also argues that those installations provided the education and the basis for the deal with NSX that was completed recently.

    I've also changed my mind in wanting an early solution since ISX shares will drop on opening at least the 15-20% in line with much of the rest of the market due to COVID19. I want the market to have as much clarity as possible on the reason ISX shares move, either up or down, when it trades again.

    Concerning the offer to escrow the shares, I have no direct knowledge of this. If there was an offer, the source said that ASX had refused it.
 
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