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If its about Crypto then Xinja is the bank not ISX, page-36

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Dineen

359 Posts.

1192

13/10/19

22:19

Post #: 40860587
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Originally posted by vjojojose1 ↑

You never heard about ISX and suddenly find the drama that unfolded (suspension) so interesting that you write several posts a day insinuating that ISX is somehow doing something wrong? Normally posts written by someone in your position should be a tad more neutral or well researched if it were going to counter a holders (optimistic) viewpoint? You have however in your post (I'm replying to) incorrectly or manipulatively suggested two hypotheses, both of which are misleading and inconsistent with the facts presented to us thus far.

Hypothesis no 1

'The ASX/ASIC have legit concerns regarding ISX who have potentially troubling similarities and relationships to KAB,'

A well-researched neutral post would have assessed ASX's press release on the 2nd of October that explicitly stated 'price volatility as the only reason for the suspension. The company (ISX) also issued an announcement on the same day (and on the 7th of October) stating the same thing... 'triggered by recent share price'. Further validation of this came up when Chris (investment relations director) confirmed with some holders via email when asked about the state of affairs. Then on the 11th of October ISX puts out an announcement addressing ASX's queries, all of which were well covered and shows no wrongdoing on ISX's part (IMO). ISX also explicitly stated on point 12 (ASX queries) that they did not offer any services to KAB but were merely using their services for depositing client funds. You conveniently left out all these 'facts' but yet concluded (cleverly disguised as a hypothesis) that ISX has troubling similarities to KAB?

Hypothesis no 2
'they are part of a massive conspiracy involving ASX/ASIC/Volt/OM/Shorters/AFR/SMH to drive the share price down.'

Your second Hypothesis (copied above) may I add is also sneakily misleading readers by claiming that we (long terms holders) are claiming that ASX and ASIC together with other parties are conspiring to drive the share price down. On the other hand, we are grateful that the two regulators took this unusual step to protect retail holders from the 'daylight scam' that took place robbing people of their hard-earned money via scare/manipulative tactics. Go read the rubbish information that gets tweeted every day even after ISX's perfect response to ASX's queries.

If you were genuinely interested in researching this topic/matter, the third possible outcome is that the share price was manipulated down by a series of events, likely started with OM's report (unverified), coordinated with shorters and trolls on Twitter, HC and all. Given the sequentially of the events (high share price) and the fact it involves a small unknown Australian company that will challenge some mighty players, that's a good enough reason for me. Potentially some hedge funds involved? And yes I'm a holder and therefore biased in my views. Regardless this is an outcome that can't be overlooked.

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Another brilliant post vjojojose1! Thank you.
Obviously there have been other great posts also...many I can't read due to the word we are not allowed to use...which starts with 'm'.

ISX Price at posting: $1.07 Sentiment: Buy Disclosure: Held
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