Hello all, i hold 100k believe it or not, including more in APT. There is no reason for me to downramp, I just want to get some hopeful reassurance and help others understand the situation.
With the suspension related to price volatility, i looked back at their previous response to ASX price query dated 19th and also the 12th
Did ISX really answer ASX query sufficiently and honestly?
"Is ISX aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities?"
"Whether ISX is aware of any information that its earnings guidance provided in its announcement of 28 August 2019, ‘Half Yearly Report and Accounts’, is likely to differ materially (downwards or upwards)."
Co. response in both sessions" The Company has made announcements in accordance with continuous disclosure requirements. The latest update on GPTV dated 9th September 2019 remains supportive of the earnings guidance"
We then get an updated GPTV guidance announcement for 30th September that appears to show exponential growth but also stated it is in line with expectations. Is it though? Is their earnings guidance likely not to increase materially from this announcement? I saw some HCoppers post that it has exceeded their expectations, but wasnt the earnings guidance known and should remain the same based on these announcements?
Would this have been the issue?
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- Ann: Response to ASX Price Query
Ann: Response to ASX Price Query, page-142
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