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I think It’s under Probanx holdings limited. That’s what I can...

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tareqbonny

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22/11/20

11:21

Post #: 49047479
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Originally posted by inge281242: ↑

In the ISX 30th June 2020 half yearly report it states that:
"The Company in the same period invested $5.7m cash to acquire 19.22% of the NSX Limitedand received $3.2m for the NSX investment in ClearPay Pty Ltd, such that normalised cashat bank without this investment would have increased to $18m".
NSX company research states that Nickolas John Karantzis has a shareholding of 19.22% in NSX.
It does not state that ISX holds any shareholding whatsoever in NSX.
I may have misunderstood the posters here on ISX but it seems to me that they are under the impression that ISX own part of NSX.
As I see it, only Nick Karantzis will enjoy any financial benefit generated by NSX.
There are a few excellent posters on this forum and I would be grateful if someone would explain this discrepancy to me.

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I think It’s under Probanx holdings limited. That’s what I can see from market index. Also do you think if John Get the holding ASX allow ISX to make an announcement about the acquisition? So your information is not correct.

ISX Price at posting: $1.07 Sentiment: Buy Disclosure: Held
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I think It’s under Probanx holdings limited. That’s what I can...

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