SP1 0.00% $1.07 southern cross payments ltd

• I appreciate the introduction of some facts from the case on...

  1. 93 Posts.
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    • I appreciate the introduction of some facts from the case on this article.
    • If your business is, from all appearances, crumbling around you, would you accelerate its demolition via a notification to the market ... I can empathise with these actions.
    • Anyone buying shares off market whilst the company is indefinitely suspended knows they are in for a rough ride. happy to get in and happy to get out.
    • What about the volatility in September 2019. How many people bought shares due to the poor decision making of the ASX who suspended isx after a month of sending mixed messages. Why’s is that poor operating standards not being nitpicked?
    • it’s clear that they have made the right decision not to accelerate its demolition as they have got the business into a much better spot while transacting without Visa in their offering. Their customers must also believe...
    • What other Visa partners also have a number of suspect transactions? Credit card fraud is massive. This smells of availability bias. Visa was probably right in trying to distance themselves given the circumstances caused by ASX/asic. Diners, Mastercard, Amex must all obviously have dodgier standards.
    • I don’t remember who said it, but it should have been “play on”.• This invested money invested is savings to pay for our kids schooling, fund a retirement, enjoy a holiday, or some child’s inheritance.
    • From a business pov, ISX seemed derisked through 2018/2019. Who knew that the warriors in the corner offices with no skin on the game at ASX and ASIC were the biggest risks of all.
 
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