Given the timing of this "guidance" announcement and the outcome of the performance shares being not too far off I think it is a great move from ISX that they don't dive into the murky waters of forecasting.
ISX have nothing to gain from it and there would be cries for a class action against ISX if people invested and the reality did not match the guidance they relied on.For traders this is an uncertain period to invest in.Let's face it, the investing public don't like being responsible for their investment decisions unless they are in the green.
For LT holders - this is a fairly neutral announcement.ISX are running the business - which is what I expect them to do.
The GPTV is up and they found a solution to a problem.
2 more quarterly reports is what I am waiting to see.
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