Just looking at some other tech stocks on the ASX that have some high valuations none of these have been around anywhere near as long as ISX. As I have stated before ISX has been building a business for well over 5 years laying a foundation and finally this year all that work is now starting to pay off and has taken a lot of people by surprise with the apparent sudden rise.
If ISX share price and revenues slowing increased over that 5 year period nobody would bat an eyelid but because it flew under the radar for so many years and people who were not familiar with the business got the shock of their lives when everything clicked this year and subsequently has drawn a lot of attention.
ISX Price at posting:
$1.07 Sentiment: Buy Disclosure: Held
