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tesio_nz

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20/05/19

11:01

Post #: 38646797
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Originally posted by vjojojose1: ↑

Hello @tradie, moving into a new market, say Hongkong the sheer size of it is massive, many times Australia. For e.g. AUD GDP is USD$1.3 trillion, whereas the combined market reach being in Hongkong is closer to USD $18 trillion. Now to make this exercise interesting, if ISX's target market in AU (prospects from NAB) is c$30billion, what will an equivalent value in Hongkong be? Understand its too early as to which market ISX will target, but its all very lucrative when one starts to put it all together.

From the article below
Hong Kong is at the heart of Asia with all of the region’s key marketswithin four hours flying time.
• The combined Gross Domestic Product (“GDP”) of markets withinfour hours of flying time from Hong Kong (US$18tn) matches theequivalents for New York (US$18tn) and London (US$17tn).
• Half of the world’s population is located within five hours flying timefrom Hong Kong.

https://www.fsdc.org.hk/sites/default/files/Overview%20of%20HK%20Financial%20Services%20Industry_E.pdf

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Makes sense ....many high net worth people in China and a popular pastime is gaming.
The entire Asian market on a population basis alone makes it worth pursuing
The SP currently has retraced to Fridays close
Whether that up gap gets closed is anybody's guess but to say it won't would be foolish
The company is set for glory but there are always manipulators in the market who can make the impossible happen.
Much depends on the Institutions who likely see anything @.55 or above still very good buying
And its difficult to argue against that case also

ISX Price at posting: 55.0¢ Sentiment: Hold Disclosure: Held
9 Upvote

0 Great analysis

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