"ISX thought preventing the disclosure of the report to a wider audience was of greater significance than preventing shareholders from seeing it."
So you are arguing that ISX had no problem with us shareholders reading it, only customers?
Unfortunately, that doesn't really mesh. If ISX were happy for us to read the report, but not for customers to, they could've released it to us through their email list. They didn't. They specifically did not want the information to reach us.
Additionally, according to ISX, reputational damage was already done prior to the SOR. They'd already started projecting lower revenue and reduced growth because customers were cautious around the suspension.
ASX have been hounded by posters here because of their lack of communication. Back then, ASX were heavily criticised for their lack of communication. Now you're saying that they shouldn't have communicated at all?
Your entire last paragraph misses an important factor: ASX had no intention of taking ISX to court. They weren't suing for anything. ASX simply had no intention of letting ISX trade in the near future based on lack of compliance with listing rules. So if they hadn't released anything, then (except for the ASIC case) we'd still be sitting around, suspended, wondering what was going on.
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