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21/11/19
11:58
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Originally posted by ChrisBond:
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i am just commenting on something ISX want to shout about this morning, hoping to change the narrative I suspect.Their "Prime" governance rating .....as always look behind the headlines and all is not as it seems. events of late would suggest otherwise re prime governance given their recent admissikns re "errors" in classifiaction and accounting recognition of important revenues and what they consider to be a material customer. And yes i am passoinate about reducing shenanigans in listed stocks. Whether ISX have done such is up to the courts to decide BUT imo this discussion is needed to ensure investors that read these stock ramping posts realise the published financials may not be exactly as stated and some of the accounting tricks that can be used to massage the message. ie as always bury beware. at least everyone on these board now knows a lot more about ISX management and their business operations now so can make their own decision on whether to own the stock. lets see where the stick goes when relisted
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Another example of your fundamental bias: "Whether ISX have done such is up to the courts to decide" Jumping the *conclusion* gun again. I don't recall seeing any annoucements from ASIC regarding allegations or charges against ISX. Post that link when you get time.