I'm sure low value assists with reducing fund redemptions and any performance fees they would have otherwise charged their poor unit holders. Save rubbing salt into the wound. Yes there are reasons but none the less independently valued.
ISX is on a PE multiple of around x700 - with falling revenues.
The funny thing is that three of you on here have talked a big game about off market trades with me at prices like 20c-30c yet have not put money where mouth is after initial discussions.
There's some more reality.
ISX Price at posting:
$1.07 Sentiment: Sell Disclosure: Held