I’m glad ASX has thrown a barrage of questions at ISX and I hope they continue to do so. I don’t doubt ISX at all, they will happily answer everything. Because they are professionals building a company Australia has never witnessed before.
I hope investors understand how complex ISX. And it will become increasingly complex when they expand into further verticals (and there is a ton of opportunities for them to explore). I still feel, regardless of this announcement, that others out there will continue to believe that APT, ZIP and some of my favourites APX and ALL, has technology that is superior to ISX. I mean seriously, you can only make that judgement if you work in tech or built your own tech company.
ISX is a beast that needs constant understanding. Australia has never seen technology like this before. There is no ASX listed company on their scale that we can compare them to. We can only compare them to UK, US, European, Chinese (and Fintech companies coming out of Qatar in the near future) listed and private companies.
Bring on more questions. Let management answer them all. These guys are the real deal. Plus I feel this really helps break down how they disclose their revenue and we also gain awareness of what to expect in the coming months to decide whether to continue accumulating or hold for more news.
ISX deserves more respect for their expertise. The more I learn about FinTechs globally on a daily basis, the more comfortable I feel that ISX will remain a solid leader in their space on the ASX.
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