One aspect i think will be interesting when it is time for evidence to be submitted to the court, (which hasn't happened yet because we are still in discovery mode (between the applicant and respondent)), is the drafts exchanged between Lewis and Gerraty, and who else was involved, eg any Director.
As well as that, what in evidence becomes definitive wording on the exchanges between ASX and ASIC on Oct 2, and thereafter.
The SoC is drawing out that (possibly except for volatility), there were not grounds for suspension, and in any case thereafter, there were no grounds for continuance ( with the implication that there are no grounds for a fishing expedition, so continuation of the suspension could not be procedurally fair).
Someone should ask ASIC why haven't ASX disclosed a contingent liability of $464m, and why they haven't acted to ensure they do.
( have asked enough questions of ASIC -someone else' turn).
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