SP1 0.00% $1.07 southern cross payments ltd

Patrick,You posted awhile back an interview with Charlie Munger...

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    Patrick,
    You posted awhile back an interview with Charlie Munger in which he stated that no stock can ever be allowed to wildly out run the market .
    They have to be reigned back in .
    It seemed to describe this stock to a tee.
    Is the biggest single issue here a liquidity problem.
    Surely it is an issue which will have to be dealt with sooner rather than later if growth continues on its present path.
    Perhaps the Karanthis family themselves will have to surrender some control in order to bring about equilibrium in the market place .
    Meanwhile JK himself appears to have retreated into a place of absolute silence .
    Has he been gagged or is he simply tied up in answering a plethora of questions
    I suspect either way that he has been under considerable duress .
    Obviously he wants to get on with growing the company not be constrained by issues that previous audits should have exposed if indeed they ever existed.
    The one saving grace is the talent that now surrounds him.,there are enough good people to fill the void while he is otherwise indisposed
    All power to him and the team and best of good fortune to all those who wait

 
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