On the 1st May 2020, the ASX directed that:
“In accordance with Listing Rule 18.8(l), ASX directs ISX to engage an independent expert, acceptable
to ASX, to review its policies and processes to comply with Listing Rule 3.1 and to release to the market
the findings of, and any changes ISX proposes to make to its compliance policies and processes in
response to, the review. The review should also assess each contract that ISX has entered into since 1
January 2018 (other than the Key Contracts) to determine whether or not a reasonable person would
have expected information about the contract to affect the price or value of ISX’s shares and, if so,
whether ISX has disclosed the matters set out in section 4.15 of GN 8 in relation to that contract. To the
extent it hasn’t, ISX will be expected to make corrective disclosure and, if it does not, ASX will give a
further direction under Listing Rules 18.8(a) and (b) that ISX do so.”
the.
• Independent expert report on ISX continuous disclosure having found that it:
• “…did not identify any contract entered into by ISX with customers since 1 January 2018 that has not been disclosed and that, in
our opinion, was of such a nature that a reasonable person would have expected information about the contract to affect the
price or value of ISX's shares. ”
When you write "I'm clarifying that the issues facing ISX are far bigger then just one or two continuous disclosure events. The expert is supposed to cover a lot more than just that.", I can't see from the above, specifically what other items you are expecting to be reported. Can you help me out here?
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