Ann: Prospectus, page-80

If ASX's real intention was to make enquiries to ensure the market was well-informed, yes the suspension made sense. That was the impression they gave.

But their pattern of questioning suggested a different intention. They misled us. That's the problem, and that's why we've ended up in court. And ISX is now trying to prove they had a different intention than what they informed the market from the start.

ISX was concerned there was no end in sight to the questioning. A company's shares can't be locked up forever while questions are being asked. That's not a proper use of the suspension power.

ASIC on the other hand followed a proper approach. ASX was trying to get them to give a suspension direction but they didn't, possibly because they figured it was an abuse of power.