SP1 0.00% $1.07 southern cross payments ltd

Ok, so you are saying lots of sellers, no buyers.i dont...

  1. 1,180 Posts.
    lightbulb Created with Sketch. 1068
    Ok, so you are saying lots of sellers, no buyers.

    i dont disagree. Share price is going to tank when we relist. Ive been saying that for years. To which people have generally called me a shorter and told me that we are relisting at $2, or $3 or $6.

    This leads me to two questions:
    1. What price are you expecting JK to do IPO dilution at whenwe havent traded in 4 years? And still actually raise any money... A 50% drop? An 80% drop?
    2. Why are there buyers a year from now if there are no buyers now? How does cheap dilution help us get more buyers?

    i genuinely want answers to these. My expectation at this stage is a capital raise at 20c ($2 post consol) and then staying there or drop. The more we raise the longer we hold still.
 
watchlist Created with Sketch. Add SP1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.