I am still shocked at the inconsistent approach of the ASX in enforcing the listing rules.
Todays example was Crown, which disclosed significant legal admissions last night, then continued trading without any market disclosure/ASX announcements today.
“Hearings are in their final stages, but Crown dropped a bombshell by tendering the money laundering admissions late last night.”
https://www.abc.net.au/news/2020-11-18/crown-resorts-banned-from-opening-sydney-casino/12895344Will we see crown suspended for 12+ months while ASX investigates?
Will we see at least a single “please explain” from the ASX?
Let this be an example for ISX to use in its legal action.
I’m sure there are plenty of others.
