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1,304 Posts.
370
15/10/21
08:09
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yes - we should be in control of our hard earned cash but we are not.
did ASX treat ISX the same as other companies in the same position (or with proven severe breaches )? nope
could ASX have agreed to the escrow ? yep
was suspension the only solution? no and yes
it was a pretty good way to stop expansion
is a regulator main tool guidance to compliance? normally
look at EML and CBI (central bank of Ireland) - EML are still unable to follow advice but yet have not been kick out, yet.
were ASX asking questions repeatedly and outside of scope ? yep
in Australia have investigators gone on with other companies without suspension? yep
ISX audited but many central banks (RBA, APRA included) and other regulatory bodies- all good
have ISX followed all guidelines from ASX ? yep but still not listed.
VISA - yeah sure, ASX suspended ISX because they have precognition tech... or maybe inferior tech.
if you don't believe in character assignations - that's up to you.
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