If you distrust the ASX, ASIC, etc I have no qualm with that as long as you offer the same treatment to ISX. If you distrust the ASX then it is only right that you distrust ISX as well, especially since we know for a fact that management in any company in general listed on the ASX are in it for the money. Their direct incentive is to enrich themselves financially, not your wellbeing. You said that we are at what you called "stage" 1 for ISX. By implication of the application of that logic, the ASX is also at stage 1, so why are you treating the ASX as if it has gone past stage 4?
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