SP1 0.00% $1.07 southern cross payments ltd

Letter to Shareholders : ASX Directions, page-60

  1. 513 Posts.
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    You’re right there has been a huge amount of questions and info supplied. I think the main problem is that for a lot of questions ISX has initially supplied the bare minimum info or not really answered the question. Therefore ASX has then had to ask another 5 more detailed questions to get the info they required. As an example it took until the 2nd or maybe 3rd set of questions from the ASX around June 2018 revenues until ISX were forced to reclassify most of the revenue and admit that it wasn’t just a big spike in normal revenue but mostly from big one off integration contracts. The stock had already been suspended for a couple of months and a lot of questions asked before they got to that point.
 
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