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$1.07 southern cross payments ltd

That’s not enough for the damage they caused for the last few...

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25/09/19

07:18

Post #: 40557554
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Originally posted by DannyBiggs ↑

What an interesting article. I believe we are witnessing an about face.
In trading terms, we have just seen a pivot point. Lets see...
1. He tries to wring the last bit of fear out of the people with that hilarious headline.
2. Rewrites yesterdays news with renewed enthusiasm about a 'joint investigation' involving AFR, only to apparently succomb to the realisation that ISX and JK have hidden nothing, satisfied investors and proactively complied with ASIC every step of the way and therefore doesn't add to the story.
3. Quotes Pattos analyst, whose report since the hatchet job remains supportive of ISX, he even disclosed Jacobs' SP target of 2.07, when he has previously been careful not to print anything positive about ISX.
4. Discusses ISX reporting methods, by volunteering monthly statistics and suspicious activity ASAP, all positive aspects, reflecting a serious company.
5. Recaps positive relationship between ISX and ASIC. Takes the focus off ISX of any wrong doing or governance issues by discussing dodgy brokers court action from ASIC.
6. The final 3 paragraphs. Well, if thats not talking ISX up or at least showing it's done all things right so far, then I dont know what is.

Is this a watershed moment? Is Shapiro about to change his tune ? Will we see positive reports from Shapiro and AFR in the future? Perhaps with some happy announcements over the coming months, AFR might just become the pied piper.

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That’s not enough for the damage they caused for the last few weeks. Nothing will suffice except for a written apology, state the damages they caused to retail shareholders, cope a fine, have ASIC reverse the transactions back to when it was $1.60 and write up promoting ISX at least for a year and have them publish in all major newspaper.

ISX Price at posting: 94.0¢ Sentiment: Buy Disclosure: Held
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