Reminder re Scott Morrison, Andrew Bragg re fin/reg tech sector 2019 (pre COVID).
Not sure how many truly know or are aware this sector fin/reg tech and/or some enterprises are being damaged?/destroyed?/denigrated in 2020 by [X], [Y] and [Z] - X, Y and Z being entities such as ASX, ASIC etc etc. Z being COVID but only because COVID in 2020 has distracted the Federal Government's attention away from [1] the emergent business sector and [2] how best the Fed Govt could assist fintech/regtech and other emergent companies in order to support and ensure economic growth in Australia. Can link a youtube video from 2019 featuring Scott Morrison's support of fin/reg tech in Australia.
NOW and IN FUTURE, it is going to be of EXTREMELY CRITICAL IMPORTANCE for the Federal Government to understand how they, the Government and their authorities, can gain any shred of confidence for those wishing to invest in the future in any Australian ASX listed company given ASX's damaging and unchallenged actions against ISX to date. What message does that send to other companies and other investors ?
It is a formatting nightmare below but well worth re-reading. Scott Morrison and Andrew Bragg should be contacted directly with the news of the latest ASX/ASIC overreach on ISX as it also impacts on how Australia and its authorities are perceived. Breaches of data management and privacy protocols are of concern internationally and nationally, as are perceived 'vendettas' against competing products, platforms and/or companies.
ISX Price at posting:
$1.07 Sentiment: Buy Disclosure: Held