That is absolutely not what ASIC has said at all. It is merely your personal interpretation. Presumably, the public has never seen the actual full written statement from ASIC that ISX has claimed to have received:
So we have no idea of the context, etc and there is a possibility that the particular quote that ISX uses could have been taken out of context. It might be a good idea to release the whole content of the letter to the public. Exposing just a tiny excerpt just like what ISX did, in my view, is not ethically correct within the context of making sure that the market is continously informed. What ISX has done might actually do the opposite.
This is why in my view, the recent announcement by ISX seems to be political in nature. Hypothetically, to sway opinion, however light, into thinking that ASIC has nothing to do with the suspension.
If we take ISX announcement into account then, to be fair, we have to also take into account the ASX's answer to ISX's announcement:
According to the ASX:
So ASIC was involved in the decision making for the suspension.
and
...presumably, would be involved again in any matter if reinstatement to quotation.
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