This is an Australian stock forum and we discuss ISX on the ISX thread. This is not the US and I have no intention to discuss US elections. If you want to discuss politics, you should go to the political forum to test your knowledge and voice your opinions there.
FYI, ISX investment into NSX is not for share trading purposes or to sell at a profit, but rather to gain some control of NSX and to provide synergy between the 2 companies.
The (unrealised) gain that I discussed earlier will not be used as cash inflows for ISX expenditure. (Sales, interest earned and other income would). it will be a book entry and NSX shares will be recorded under ISX assets and will either reflect an increase or decrease in ISX share value.
Don't speculate innuendos.
Instead of worrying about funds that ISX would or wouldn't use to pay for the court cases, you should be worried or concentrating on ASX. ISX affairs do not concern you and I believe as a non-holder, you should mind your own business.
Today ASX shares drop again. With recent developments from ASX technical inabilities, ASIC corruption and NSX TAS goes live, a person with an average IQ would understand and see chaos in the ASX house. May be the staff can't concentrate due to upcoming huge ISX court case payouts and class action(s) that would follow? The redundancies are also inevitable. First KL, next Janine Ryan????
My question is what JK had done to you personally that you hate him so much? Or simply you are just trying to kill off a competitor for your own benefits?
Have you noticed, the evil mud that you non-holders were throwing at JK and his companies are currently being washed down by the celestial waters.
I can't speak for other holders, but personally I am feeling like on top of the world and can smell the ISX victory, as it is in the air.