SP1 southern cross payments ltd

Noob questions re: delisting, page-16

  1. 178 Posts.
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    Mate what you are saying could be true but if it is then why didn't the ASX accept the offer of escrow from the start?
    And before you answer with because of the conditions that ISX management wanted with the escrow lets assume that both sides are adults. ASX could have said from the start we accept the escrow only on unconditional grounds until all investigations are complete. If ISX refused that then I'm sure ASX would have loved to announce that to the market.
    We have been given orders to do to achieve relisting and I believe we have done the last four. But yet again they want more. Do you really believe they will let us trade if the performance shares are held in escrow?
    There is something going on that we are not privy to but hopefully the justice system brings this all out.

 
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