Wow you really need to take 5mins without those ISX coloured glasses. I really can't see anything within that that changes anything.
1) If ASX state something in a letter to the company and I state it you say it's funny and I should hold ASX to a higher standard. The ISX barrister says it in court and in your mind it becomes fact and I am wrong. Surely you can see the contradiction here.
(Yes I know you will say I am just biased the other way but I am merely looking for what is in black and white. I have seen both ASX and JK acknowledge ISX wanted to change the standard escrow).
2) The barrister's comments refer to the proposed escrow - that doesn't say the standard escrow and doesn't say proposed by who. What in that transcript makes it clear that ISX has come to the party on the escrow???
3) If ISX mgmt are ok with the standard escrow why not just go an sign it? It's a commitment to shareholders as much as the ASX - why not just make that commitment? If not, then once again, why aren't you as a shareholder asking mgmt why not? It is shareholders suffering via the suspension why not do everything in your power to change that. If nothing else, it greatly increases your ability to claim the moral high ground with the press and in the court of public opinion (possibly a real court too if a judge finds it persuasive).
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- Ann: ASIC v ISIGNTHIS LTD & ANOR
Ann: ASIC v ISIGNTHIS LTD & ANOR, page-86
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