Ann: ASX Update on status of ASX Directions, page-74

So, ASX is satisfied with the improvements to continuous disclosure policies and procedures that were announced by ISX subsequent to the review and therefore, adequately address whatever “findings” that have been implied as being purposefully omitted from the executive summary...... work that out....!!??

Further to the above, the stated satisfaction with the subject policy improvements and implementation of same by ISX, ASX then go on to state that they must be satisfied with continuous and periodical disclosure prior to lifting suspension........dealt with as per above....!!??

IMO, we have escrow and a couple of breaches of rule 18.7 to address whilst acknowledging that the 18.7 breaches were post suspension, but breaches accordingly to our friends at ASX none the less.......

IMO, this is now evidently a gross failure of behalf of ASX and any potential settlement deal with ISX will result in further proceedings.