SP1 0.00% $1.07 southern cross payments ltd

ISX Suspension - Reason - duration, page-13

  1. 8,751 Posts.
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    Hi aniesbaswedan

    The suspension came just after the ISX ASX announcement:Annualised Paydentity GPTV Exceeds A$1.9bn in Sept 2019

    ASIC could be looking into whether any one business was a material contributor to the recent increases in GPTV and whether that information should have been disclosed to the market ?

    ASIC could also be looking at anything from the past, including the issue of performance shares, related party transactions, if any significant contracts have been cancelled, significant contributors to revenue in FY18, the decrease in revenue in the second half of CY18 etc, we just do not know.
    Last edited by retiredyoung: 12/10/19
 
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