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$1.07 southern cross payments ltd

ISX Suspension - Reason - duration, page-85

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aniesbaswedan

6,681 Posts.

1545

17/10/19

12:58

Post #: 40930360
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Originally posted by Patrick85: ↑

Thank you for saying this. The company makes money whether they are listed or not. Let's say ISX decides to become a dividend paying company and in 5-10 years their dividends was 15 cents per share. For example purposes, if someone had 250,000 shares X 0.15 cents per share dividend pay out twice a year, that's $75k a year which can effectively replace an average income. When you factor in inflation, this can be a great wealth management strategy. With the understanding that FinTech companies might have a chance of surviving for at least 20-30 years until another innovation boom comes along, you can just use this stock to maintain your lifestyle whilst you either work and continue to invest in other stocks.

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Originally posted by Xander01: ↑

That’s a company that isn’t making money, seriously you are that stupid you shouldn’t be allowed to post.

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Making money? No, it isn't making a single cent. In fact the
is a loss making one.

You guys are the stupid one.

Here is 2018 report:

2018 cash flow

2019 half year report, not sure how credible this is bevause of the investigation still ongoing.

Cash flow

The company is not making a single cent.

So stop saying the company is making money.

ISX Price at posting: $1.07 Sentiment: None Disclosure: Not Held
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