The ASX tech dramas started drawing broader attention around June when they pushed the CHESS replacement back 12 months. Since then we’ve had the website crash, another 12 month extension to CHESS and last weeks trading system crash.
During that period the ASX sp has underperformed the broader market by around 20% despite benefiting from increased trading volumes.
That would suggest the market considers these events to be price sensitive.
ISX Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
