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soarus

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13/11/17

12:54

Post #: 28735856
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Originally posted by tradealot ↑

Hi michaelhp

I agree. The market does know all about these upcoming announcements. That's true.

Consider the psychology of confirmation announcements, which is what drives the markets. Investors want progress, this is proof of moving forward.

It's OK saying something, you know, like the boy who cried wolf all day long. Backing up what your've said with confirmation and proof, makes a very big difference. Confirmation is a barrier overcome. It's 100% certainty revenue will be flowing as stated, and in a certain timeframe or whatever the announcement your waiting on to be confirmed. Confirmation, alivates aniexity for shareholders knowing step by step what's unfolding as stated previously, its a big catalyst to buy - hold or selling an investment for investors.

If this wasn't the way markets react to news, isx wouldn't update the market to material changes everytime something of significance occured. Also the asx wouldn't bother with their continuous disclosure rules. Isx could just do a summary in the quarterly if that was the case. All news is very important, and has a bearing on the sp.

I expect the sp to at the very least, trade on higher volumn and hold this level at a minimum. True, not all confirmations will move the sp. The more significant announcements, like XM and the bigger players that will ultimately ensure large revenue for isx and have a huge bearing on the company will push the sp higher no doubt.

Agree, isx is tracking very nicely. These upcoming confirmation announcements will further cement in the markets psyche, that isx is going places and fast.

Have a great weekend

Cheers
Tradealot

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bots are back.
hope some of these news items are releases soon.

ISX Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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