The ASX issues which included elements completely outside the privy of their jurisdiction.
Lets start with the foundation of the ASX allegation - "Spitballing". Their own legal team specifically told the chief spitballer he way over his ski's. If that wasn't warning enough, he decided to attempt to influence the outcome of the audit by one of ASX's own listed legal entities.
I'm going to say that based on the incomprehensible abnormality of that engagement that the management team accurately concluded it was "combat".
Lets have a look at the nature the so called virtuous 5 you've listed.
- ASX - spitballers with a poor governance history and predatory nature.
- ASIC - won't cooperate with the Senate.
- AFR - rag seller and beholden to the bottom line, sensationalism rather than true journalism.
- ATO - best of the bunch.
- OM - a shorting function for hire.
Not what I'd call institutions of unbridled integrity.
So what if someone offered 7.5c. Please show me the accompanying thugs with guns forcing people to sell. Those who don't wet beds won't sell and wait for the list and let the market decide.