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Remind me , how quickly did ISX run to nearly $2 billion MC.?How...

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bgtaylo

3,806 Posts.

555

07/08/20

22:15

Post #: 46391367
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Originally posted by Managerisk: ↑

I think what’s very informative is what people who actually manage money think about this. Let’s have a look shall we.
There’s a small group on here that would have you believe that ASX have used their powers to suspend ISX because they’re worried about competition from ISX. If this was true it would have massive implications for ASX and their role going forward. What does the market think about this? ASX share price is within 10% of all time highs so investors don’t believe this rubbish.
Also, some on here would have you believe that ASX is worried about NSX and Clearpay. NSX is trading near an all time low and the only buyer of any size is ISX (line of 1.5% put through at 8c yesterday). Ie the market thinks Clearpay is worthless and having ISX involved is worth -50% to the shares. (a recapitalised NSX would prob be worth 15-20c).
There’s obviously a small group of ISX holders that have convinced each other about conspiracy theories re ASX etc. No one else believes this.

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Remind me , how quickly did ISX run to nearly $2 billion MC.?
How much further advanced is IsX tech over ASX?
Where did any mega cap company began ?
When would you act , to defend your monopoly? When it’s to late?

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