With what appears on face value to be material upside, all the...

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JoeSalami

2,559 Posts.

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31/07/24

10:19

Post #: 74997693
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Originally posted by benny211167: ↑

JoeSalami,

Look I agree with most of what you say, and I’m not particularly interested in dwelling over the now this thing is hitting its straps. That recent video GH posted the other day from the MPE conference in Berlin was insightful in the way ISX is challenging online card payments through open banking. It’s a genuine alternative to the cards and it looks like it’s easy to use for the consumer and it’s mimicking how they’re used to transact. This is significant as habits are hard to change. For the merchant it’s attractive as settlement is same day.
1stPrize highlighted an added Director to the ISX UK Board so maybe there is some reorganisation happening to clear any potential Director ( Karantzis) problems if he’s banned here in Aust. Karantzis is no doubt the key visionary and driver of the business so it will just be a case of some perceived reorganisation to move the regulatory spotlight away. Look this is just a guess but very possible.
Anyway the business is performing so when it does list it should trade well but shareholder’s have had this timeline extended multiple times so there’s frustration attached to that. In the next quarterly update I hope they can give a firm listing date.

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With what appears on face value to be material upside, all the cake-eaters will come to claim their slice - including the trojan solow, irrespective of the historical imperfection. Its basic human nature and in particular in 'these times'.

If the impediment to listing and converting potential to material is JK, even JK is pragmatic and motivated enough to find a way forward. There is nothing here that is not unprecedented.

Last edited by JoeSalami: 31/07/24

SP1 Price at posting: $1.07 Sentiment: None Disclosure: Not Held
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