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Yes it is obvious that ISX has ruffled feathers and the status...

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gyro gearloose

5,791 Posts.

285

12/08/20

21:57

Post #: 46495535
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Originally posted by aes411 ↑

ASX has made it clear it has no intention of reinstating ISX's shares to quotation by not giving very specific conditions.
Note the statement conditional on ASX being satisfied below:

Even if ISX in some way manages to 'rectify' these breaches, all the ASX would do is find a new supposed breach of listing rules (particularly 18.7 which is very broad) and use that as an excuse to keep the shares locked up. This has been the pattern from day 1.

The earlier we delist from this exchange the better.

With the way things are, IMO ISX is better off focusing directors' time on:
- growing the company and innovating
- finding a new exchange to list on
- continuing to sue for damages

Our shares will continue to increase in intrinsic value as long as the company keeps growing.

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Yes it is obvious that ISX has ruffled feathers and the status quo don't like it!

Better to move to greener pastures!

And the sooner the better!

IMO

ISX Price at posting: $1.07 Sentiment: None Disclosure: Held
7 Upvote

0 Great analysis

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