SP1 0.00% $1.07 southern cross payments ltd

Macro Trends, page-224

  1. 1,890 Posts.
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    @fullmetal100

    The only thing that's up is your blood pressure. Try and chill out dude.

    I explained the proticols of what would unfold to you and other interested readers in this post on the 12/10.

    https://hotcopper.com.au/posts/40851734/single


    Nothing going to happens without following the rule of law. Everything follows the law to a arrive at a conclusion/result.

    Rule of Law - noun

    the principle that all people and institutions are subject to and accountable to law that is fairly applied and enforced; the principle of government by law.

    https://www.dictionary.com/browse/rule-of-law



    If any rules have been broken, punishments are handed down that match the offence. Ie you don't get 20 yrs inside for littering or jaywalking, you get a small fine maybe.

    Same with isx, lets say they didn't disclose something just for an example. That's not an offence that requires delisting. The punishment has to fit the offence.

    In any case the authorities fine for breaches or lean on management as mentioned in the link above. The authorities certainly don't want to close down a money making company for management breaches/actions. Management would be given the flick, then enter a new crew to steer the isx ship would take over. The show must go on.

    The company has 10 different types of audits a year as quoted by LHC. Common, how much could get by the authorities, with the microscope on the company all the time. FA is the answer.

    The asx/asic are just doing their own checks to satisfy themselves after the smear campaign by the press. It takes time to complete this stuff. The show will recommence once the all clear is given.

    New disruptive industries are always watched like an hawk. What were seeing is all just fine tuning up to the authorities standards. Just wielding a bit of muscle, that's all.

    Just let everything take it's course.

    All imo & dyor always.

    Cheers
    Tradealot
 
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