SP1 0.00% $1.07 southern cross payments ltd

I've just caught up with what's been happening the last month...

  1. 5,650 Posts.
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    I've just caught up with what's been happening the last month and I can see that disappointment has caused a rift with people at each other's throat unnecessarily. My position was that I wanted the Court case to proceed full pelt and to see the Regulator held to account for this lengthy suspension that has hurt us SH more than anyone else.
    When I saw the case suspended due to lack of funds for security for costs I was bitterly disappointed but am a realist and know that placing a huge financial burden is a common method of destroying the other party without even getting to the substantive case.The only fairy tale way of running (and having a good chance at winning ) this case is if there's a law firm/ counsel willing to take it on on a no-win no fee basis. JK has been so trashed by the media/ AFR that I cannot see any counsel taking this on.

    I missed out on the closing date of the ISXFEU buyout by Alternative Liquidity. Can anyone tell me if this was a good move and what are the consequences of selling out or staying?
 
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