Potential shareholders who want to get on the ship need to realise what stock and company they are buying into. Actually take the time to read reports, validate and decide for yourself whether you put your hard earned money into this stock and watch it grow.
Instos will "manipulate" the SP so they get the biggest piece of the pie and make the biggest gain. Day traders will come in and out to make a quick buck. Real money is made LT and investing in a company you believe with grow in the future. If your expecting quick large gains go buy a powerball ticket $150m tonight or head over to the casino. Be patient and have the guts to ride the wave of a potential solid stock unless a really bad announcement comes out that says otherwise, if that happens move on.
Financial
ISX is in a strong financial positive from what I can read.
"The net assets of the consolidated entity increased by $1,421,491 to $12,865,455 as at 30 June 2019 (December 2018:
$11,443,964). The consolidated entity’s working capital, being current assets less current liabilities was $8,036,106 at 30
June 2019 (December 2018: $9,850,889). During the period the consolidated entity had negative cash flow from operating
activities of $282,743 (June 2018: cash outflow of $1,304,531).
As a result of the above the Directors believe the consolidated entity is in a strong and stable position to expand and grow
its current operations."
Look forward to:
• Commencement of live transactions with an EU merchant on our neobanking and payments platform
• Continuing progress with our APRA license application to become an ADI in early 2019
• Establishing a live connection in the EU with Visa and Mastercard (Tier 1)
ISX Focus for the Upcoming year
"The Company will be focussed on revenue and growth,in addition to reducing its cost of goods through implementation of its own Tier 1 supply chain, releasing several new products to market for additional revenue streams, and completing the transformation to a commercially focussed transactional banking institution.We have provided market guidance on expected revenues and profit to be achieved in 2019. The delivery of our first profit and the generation of positive cashflows are reasons to be excited about the immediate future of the business created"
