Australia's largest stock trading and investment forum Australia's #1 stock forum

SP1

Click for more information

0.00%

$1.07 southern cross payments ltd

ASIC Commences Proceedings Against ISX and JK, page-38

First 38 Last

Share
Profile

Follow
aniesbaswedan

6,681 Posts.

1545

07/12/20

14:02

Post #: 49393722
Share

Originally posted by itzgr82balive: ↑

Read it again everyone. There is nothing in there about performance shares and ISX breaching rules to obtain them. So on the basis of this SOC none will be given back. This is all about continuous disclosure and the arguments provided about these including the 15% accusation still hold.

It is not time to count ISX down or out!

And really, attempting to remove Karantzis when not a single person has been removed in a bank, the Crown casino, telstra.... by ASIC and/or the courts! Seems ASIC needs a reset of its moral systems where it is better to remove a person who, in their opinion, does not disclose something fairly inconsequential than if the person is responsible for child exploitation or money laundering.

Seems a bit of an ASX/ASIC collusion to me. Close to court time - seems quite a meek and transparent effort to me.

Expand

This could be just a preliminary case, there is no telling what other cases are being cooked in the kitchen, and may be brought up later. You guys wanted updates, there it is. ISX has lied to you, you believed in the lie and have even been defending it.

Last edited by aniesbaswedan: 07/12/20

ISX Price at posting: $1.07 Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

MGU

New results confirm Buena Vista's iron grades potential

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

There are more pages in this discussion • 2,570 more messages in this thread...

First 38 Last

Add SP1 (ASX) to my watchlist