You have to admire the companies innate ability to execute their business plan and to identify further opportunities as they arise. ISX have certainly come along way in a short amount of time
In relation to a CR, I'm thinking we need to pay attention to how much of the 10M raised last year falls into the Other Assets - Card Scheme Collateral (or similar asset account) bucket when the interim report is released. This should provide an insight into how much of the 10M raised last year is available for the business to pay ongoing expenses vs what it needs to set aside for Tier 1 Capital requirements as it ramps up.
ISX Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
