SP1 0.00% $1.07 southern cross payments ltd

Probanx, page-142

  1. 63 Posts.
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    So your qualm is with the ethics of the directors and their recognition of income. Your tirade regarding whether other income should've been used for meeting performance obligations doesn't even matter as your trust of everything accounted for isn't there.

    Look, I agree. Meeting an obligation by $2,000 isn't exactly convincing. However, as a shareholder, I don't have access to contracts or the books of ISX to verify this information. And thank you for being patronising and assuming my knowledge of general accounting...

    The facts are what we've been presented. The auditor has signed off on the financials and noted it in their key audit matters. Once again, the revenue target was met. Yes it was by $2,000 but you can't refute what we know.

    At the end of all this the truth will come out The ISX management who have now been dragged through the mud will be shown as professionals or not. No need to have these ongoing arguments that plague this forum on a daily basis...
 
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