ISX off-topic thread, page-2720

First 2720 Last

Share
Profile

Follow
mags001

1,663 Posts.

177

31/07/21

16:37

Post #: 54930020
Share

Originally posted by Gold Bugs Bunny: ↑

Yeah, that's really something, dude...

What is really something is that you discard so lightly the role that the media played (after the issue of the shorter's report).

Fact is that the ASX did not have any problem at the time of the OTIS takeover that the performance shares were based on revenue (i.e. any type thereof).

Fact is that the ASX had no problem with the shares being issued (or how the revenue was derived) at the time they were issued.

Fact is that the ASX suddenly had a problem with the shares having been issued (and how the revenue was achieved) a year and a half or so earlier, after a shorter's report was produced 'for a single person' (as it says in the footnote/disclaimer) and distributed to the 9EC media, among others.

Fact is that the reporting by the media (and the shorter's report itself) induced volatility. This volatility was then stated as a reason for suspension. 9EC then produced a number of articles slandering JK (subsequently settled favourably to JK and apologised for), which were reflecting negatively on ISX.

The media played a major role, like it or not. Why else do you think they settled the libel suit?

In my opinion, we would not be in the current situation had it not been for the OM report and the barrage of negative articles in the 9EC media.

Expand

but but JK, OM, AFR, 9EC. I have two more letters for the downies, PO, ;-)

ISX Price at posting: $1.07 Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

OPL

Opyl forms JV with UK and US consortium to bring products to the world

AAI

NYSE-listed Alcoa Corp joins ASX through key JV acquisition

HXL

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM