and Clayton Utz sent a full report on this disclosure issue but ASIC thinks it bs
I mean sure Clayton Utz is wrong as well.
Who told you ISX isn't pursuing legal matter in Europe against visa? There is a case open against them right now over this anticompetitive behaviour already and ISX did mean this at their AGM that they are exploring all legal options. Visa is not allowed to kick anyone off its network because it feels like it lol. Go research Visa and see the metric shit ton of antitrust/competitive court actions against it and then come back to me and say there no chance they did this because of that behaviour.
and lastly, he's the kicker for you, ASIC has to address this in court and prove it with clear indication of how it effected share holders whilst suspended. At the very best ISX gets a slap on the wrist and a fine at worst.
Westpac orchestrated billions in AML fraud, their C levels in court and resigned before it got too hot, did we see ASIC ban them from every becoming a director of another company in Australia?
The whole situation was amplified by the media and with over 10+ articles by the AFR of course ASIC / ASX are concerned. We would not be here if it wasn't for the media / reports that's were distributed and it's been made clear ASIC is NOT clawing back the performance shares which is how this mess started if I must remind you with that glorious OM report.
Also this is the afr thread so please keep it on topic
