This is so untrue.I'm a unit holder/seed investor in another...

First 554 Last

Share
Profile

Follow
joffa2110

254 Posts.

90

18/12/23

13:32

Post #: 71506605
Share

Originally posted by BJReplay: ↑

Funniest thing about all this is the so-called holders attempting to throw shade on the non-holders. They talk about how the company is cash flow positive, and growing, as if that impacts them in any way at all.

Of course, it doesn't.

It doesn't impact the share price, because neither SP1 nor ISXFU is listed.

It doesn't impact dividends, because neither SP1 nor ISXFU pay them.

The so-called growth, the announcements, the Wix integration - none of it makes the listing more likely, because a) listing will probably never happen, and b) listing won't move forward until there is a judgment in ASIC vs ISX and NK, and c) listing won't happen until the long overdue top-hat restructure happens, and d) listing won't happen until NK runs out of excuses, despite CW proving that you can list an $8-10B company and show via the price for SIG shares that the market values it, and f) it won't happen anyway; it's a rug pull.

Yet the uprampers keep on posting all the positive news as if they're invested in this stock. They're not - they're holders of worthless tokens; like NFTs, but not even meme-worthy.

Expand

This is so untrue.
I'm a unit holder/seed investor in another unlisted entity which is also travelling extremely well. Was looking at IPO in late 2021, but still not listed as yet. As a seed investor, I am very happy (some may say thrilled) that it didn't list in this current climate. My annual updates do allow me to be quite positive that when the day comes I will be a happy investor.
Is that the same for ISX? Can't say for sure as they are entirely different businesses, but my nature is one that leans closer to glass 1/2 full than empty. I don't place much weight on comments from this forum tbh. It's just too hard to cut through the gripes of many who I believe feel hard done by most likely as a result of missing what is thought to be their share of performance payments vs insiders who rally the positive news. I'm happy to take the official news updates and wait on the court ruling.

SP1 Price at posting: $1.07 Sentiment: Hold Disclosure: Held
12 Upvote

0 Great analysis

Reply

Top Stories

EMD

Emyria's Empax Centre chosen for mental health clinical trial

STX

Strike Energy secures $153 million for Perth Basin gas projects

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

BRX

Belararox delineates another porphyry in Argentina at Tambo South

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

FHE

Frontier Energy achieves key milestone for Waroona energy project

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024