SP1 0.00% $1.07 southern cross payments ltd

Ann: ISX damages claim increases by $200.7m to over $464.7m, page-155

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  1. 1,360 Posts.
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    comparing ISX welcoming a suspension (which ASX initially based the suspension on price volatility, so should have been for a couple of days maximum) to ISX welcoming the duration and depth of the current suspension.

    It is like being happy to accept someone buying you a drink at the pub - unfortunately the drink is spiked and you're taken advantage of.

    the good thing is there were lots of witnesses so the victim can take the perpetrator to court for some of the damages known. the unknown damages are just that - unknown. I believe that figure is much more.

    it seems like ASX have to justify in court the duration of suspension based on knowledge/ information it had back in October 2019.
 
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