As a shareholder I am very concerned that is the opinion of the corporate regulator. An opinion that is based on no facts just a gut feel. The performance shares have not damaged shareholders interests at all. As a matter of fact since the performance shares were issued, ISX has become cash flow positive and the share price has risen considerably and the business has grown. How the hell has that damaged my interests as a shareholder. The shit show run by ASX first and later by ASIC is what is damaging my shareholdings.
After the Mastercard- Flykk announcement today, I feel more confident in the direction this company is heading and I would have liked the opportunity to purchase more shares in ISX. However ASX and ASIC have made that is impossible and therefore THEY have damaged my interest as a shareholder.
ISX Price at posting:
$1.07 Sentiment: Buy Disclosure: Held
