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Ann: iSignthis Ltd vs ASX Ltd s1041H alleged breach by ASX and a, page-295

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itzgr82balive

2,243 Posts.

4424

22/07/20

17:55

Post #: 46032003
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Originally posted by goforit99: ↑

The integrity of the ASX and Australian media is doubtful with regards to ISX. We have the safety of the integrity of the Federal Court and hopefully the ASIC. I am confident that ISX made the best decision to sue the ASX in the Federal Court, that decision also makes the ASIC far more aware that their decision regarding the below application will also potentially be reviewed by the Federal Court. I believe the ASX have an obvious “conflict of interest” with ISX therefore ISX has submitted to ASIC that they assume responsibility under Corporations Regulation 7.2.16,
“ASIC has advised in the last week that it will make a determination within a further 6 to 8 weeks with regards to Corporations Regulation 7.2.16.”

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It would be good news for ASIC to pick this up but I am really doubtful. It would be a welcome relief not to have the constant assumptions/insinuations coming out of ASX. Quiet would be a real relief.

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