SP1 0.00% $1.07 southern cross payments ltd

Steady gains .., page-142

  1. 375 Posts.
    They have 289,415,038 shares on market..a lot of companies have less,but just as many have more..this puts there cap at 104.2 million..the sector p/e ratio is around 21/1...just for example sake they make 10mill profit in their first year.Could be more could be less..anyway 10mill profit would roughly put company value around 210mill which is double their current cap..thats not saying their share price would be double where they are now..but in a world of equations it would probably put their share price around that mark..sentiment and market news can push it beyond that,just as sentiment and no news can pull it back..but once they get down to business operations with the customers they currently have an the potential for further growth ,a lot of these equations will line up..now that they are setting up offices around the world i see this as good news,especially also in America too.When the next lot of news is coming,is anyones guess..But im sure the company is pursuing clients on a bigger scale than what weve seen so far..the ride is far from over
 
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Currently unlisted public company.

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