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BJReplay

645 Posts.

654

19/10/21

20:07

Post #: 56918135
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Originally posted by JoeGambler: ↑

@strejd In the prospectus a indepedennt valuation of the ISX group was detailed. Hall &Chadwick valued ISXFEU at about 45m, and the ISX left behind in Australia at a few million more. Almost all of ISX's revenue sources and value is now within the ISXFEU company that was demerged. If the independent valuation is to be believed, the 45m represents a 96% drop in value from the last quoted $1.177b market cap. Ultimately though, there is no objective way of knowing the market value of ISXFEU until it lists on a market, however is it safe to say most of your capital has been destroyed. Thankfully you didnt put to much in hopefully you get some good investing lessons.

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@JoeGambler Say it ain't so, Joe: "Hall &Chadwick valued ISXFEU at about 45m, and the ISX left behind in Australia at a few million more." Not $400M plus from the ASX damages case? How could it be so?

ISX Price at posting: $1.07 Sentiment: Sell Disclosure: Not Held
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