Australia's largest stock trading and investment forum Australia's #1 stock forum

SP1

Click for more information

0.00%

$1.07 southern cross payments ltd

Great post again, certain all holders will benefit from it

First 318 Last

Share
Profile

Follow
Kato51

145 Posts.

26

07/08/20

22:13

Post #: 46391351
Share

Originally posted by Managerisk: ↑

I think what’s very informative is what people who actually manage money think about this. Let’s have a look shall we.
There’s a small group on here that would have you believe that ASX have used their powers to suspend ISX because they’re worried about competition from ISX. If this was true it would have massive implications for ASX and their role going forward. What does the market think about this? ASX share price is within 10% of all time highs so investors don’t believe this rubbish.
Also, some on here would have you believe that ASX is worried about NSX and Clearpay. NSX is trading near an all time low and the only buyer of any size is ISX (line of 1.5% put through at 8c yesterday). Ie the market thinks Clearpay is worthless and having ISX involved is worth -50% to the shares. (a recapitalised NSX would prob be worth 15-20c).
There’s obviously a small group of ISX holders that have convinced each other about conspiracy theories re ASX etc. No one else believes this.

Expand

Great post again, certain all holders will benefit from it

ISX Price at posting: $1.07 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

NWH

NRW Holdings voted Wealth Within's hot stock tip

AIZ

Air New Zealand ditches 2030 emissions targets – right as ASIC's Scope 3 reporting changes kick in for FY25

KSN

Mineral Hill transition kicks off for Kingston, gold and silver ramp up to follow

Super PITch gold sponsor RSM Australia: Can Diggers & Dealers 2024 be key to reinvigorating IPO activity?

MTL

Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus

There are more pages in this discussion • 511 more messages in this thread...

First 318 Last

Add SP1 (ASX) to my watchlist

SPONSORED BY