Really guys, all this boils down to one point. Not conspiracy theories, not ASX Directors, not WBC terrible behaviour, not previous mis-truths.
The ASX has suggested that the revenue figures posted to earn the Perf shares from the key contracts may have been orchestrated for the sole purpose of earning the PS. It does not matter if this is true or false. What matters is whether ASIC believe there is enough evidence to prosecute a case. To those who say there is no evidence - you are wrong, however the evidence at this stage looks only circumstantial. To those who say "guilty" I say how can ASIC reach the burden of proof? It is not so simple.
Simples. If ASIC do not have enough evidence to prosecute, this can trade again. If it does have enough evidence.............
We just don't know.
ISX Price at posting:
$1.07 Sentiment: Sell Disclosure: Not Held
