The not so subtle beauty between how OM and ISS went about their report should not be lost.
OM a fledgling local in the governance field. - fielded speculation from unknown sources. - drew conclusion without consulting the ISX management team. - released their report to institutional fund managers and other unknown entities. - report leaks to shorters and used to capitulate the share price. - ISX do not pay for the report.
ISS the global kingpin in the governance field. - prepared a proforma statement of ISX business based on 100 criteria, including governance. - contacted the ISX management team for review, contributions, substantiation for justification. - release their report to institutional fund managers. - ISX do not pay for the report.
ISS are a professional and highly regarded global player with signficant history, depth and integrity in this specialised field. Which organisation should the investing public have more faith in?
ISX Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
