I agree ...makes me understand the company better...im waiting...

First 52 Last

Share
Profile

Follow
strikerX

6,793 Posts.

645

28/10/19

11:25

Post #: 41096188
Share

Originally posted by trader1221: ↑

I think it's fair to say that after every ANN there's a bunch of 'dodgy as hell!!!' and 'it's all perfectly fine!!!!' comments...

The reality is that the majority of people here aren't qualified to properly assess these questions and their answers. Myself included. Questions are being asked, and so far seem to be getting answered in a robust and positive way.

ASX/ASIC have a job to do. Rushing it, or not asking more questions than are probably necessary, would be them failing to do their respective jobs properly. They need to be prepared for any outcome. I'm not shocked by this, it seems like exactly what you'd expect an investigation of this nature to look like.

JK in his GS event interview said he and the powers that be hadn't seen anything that concerned them (this set of questions were presumably included, given the timing). I know he was 'going to say that' as CEO, but he could have declined to comment due to the ongoing investigation. He and the board are under enormous legal scrutiny and pressure, given their roles. The words they choose matters. They don't seem to have adopted a bunker mentality and gone silent.

To be honest, whatever comes, I'm quite enjoying getting better insight into the business as this goes along - a level of detail we didn't have before. And also a crash course in the nuances of the industry and operating environment. From an investor perspective, it's rather helpful.

We wait patiently (those of us who didn't overcommit one way of the other)… and see what comes.

Expand

I agree ...makes me understand the company better...im waiting for this to open ...in a month i saved 30k and itching to load up..i know where we heading...with the right support from ASX and ASIC we can become strong company in such a short term. i would use ISX service with low costs to us customers in future.

ISX Price at posting: $1.07 Sentiment: None Disclosure: Held
15 Upvote

0 Great analysis

Reply

Top Stories

C29

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

PFE

Pantera begins drilling of maiden test well at Smackover

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

QHL

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

There are more pages in this discussion • 1,024 more messages in this thread...

First 52 Last

Add SP1 (ASX) to my watchlist

I agree ...makes me understand the company better...im waiting...

Top Stories

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

Pantera begins drilling of maiden test well at Smackover

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

Featured News