ASIC v ISX Hearing Continues - Wednesday 7th June 23 - DAY 12
Afternoon shareholders and readers,
19 minute hearing this afternoon
Start at 2.17 approx.
Swear in mr hewin, confirmations etc, 19/5 report, 5/6 report, all true and correct on share registry transactions throughout the suspension
@2.23 asic kc starts questioning,
Mr moloney from HWL did the cross examination
Mr hewin, did state there was 100 custodial transfers = movement between same parties - eg change super fund, husband to wife, restructuring etc. Same parties don't count.
Only 1 commercial trade took place - bad luck asic, your narrative now gone - see @itzgr82balive update for details
Court adjourned 2.36
Tomorrow's hearing starts at 10.15
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SP1 Price at posting:
$1.07 Sentiment: Hold Disclosure: Held