I think everyone just needs to calm it down a bit and take a step back. We already know the fundemantals are solid and isx are highly liquid and the accounts are vetted by 3rd party auditors. So we can reasonably say with all our evidence that banktrupcty and trading insolvent are non issues.
The report has hinted on the trading of the sp and a few other issues.
Orchestrated media attacks/suspicious trading - effecting sp in an extremely negative way with used information the company already released publicly over a year ago
Perfomance shares- This will be looked at again including that suspended EU Bank and transactions within - i am confident we should get a breath of clean air on this front once its officially cleared
Red5 media- we should also get a breath of clean air when this is cleared up also
Generally (definitaly not always) its a negative when a company is suspended from normal trading, however with all the information we have to date and the fact that Isx has pretty much requested this as shown in a past annoucement, i would suggest this will be a massive positive for isx once cleared by asic. It will shut down the negative hyberbole and fake news media on this stock. As i have stated countless times, governmenatal agencies take their sweet time responding to anything, Which is also why i orginally stated we should see the ADI in late OCT.
My sentiment is hold until we are cleared (which i think we will be) and then my sentiment is a massive buy if we are cleared. John is not a stupid man and has literally built this business with regulatory law in mind.
ISX Price at posting:
$1.07 Sentiment: Hold Disclosure: Held