Two answers to that post @naomhan
1. Two of the four contracts produce future revenue so it would be really difficult to prove that shareholders did not benefit from the 2018 revenue.
2. I should have been more precise, who is going to define what ISX's ordinary operating revenue is? I would think ISX. ISX had installed and set-up systems prior to 2018 and have done so since. Delivering software is part of ISX's ordinary business. Standard & Poor's classifies ISX in the General Industry Classification of "application Software" ISX must onboard customers in order to get GPTV.
- Forums
- ASX - By Stock
- SP1
- ASIC Commences Proceedings Against ISX and JK
ASIC Commences Proceedings Against ISX and JK, page-615
-
-
- There are more pages in this discussion • 1,993 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SP1 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online