New AFR headline: Regulatory lawyer CEO of the reg-tech company successfully requested regulator to regulate.
If ASIC was drilling into ISX based on the "news" it would have happened years ago.
My optimistic view of events to come in October
1. Suspension lifted in ISX's favor (no wrongdoing ruling on the companies front)
2. Australian banking license gets approved, hinged on above outcome
3. 4c meets/exceeds expectation
4. Share prices rises with instos skin already in the game
No wonder the "street" did what it did, they are already strapped in now and ASIC will only chase their proxy media whipping boys.
Ann: Suspension from Official Quotation, page-119
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