I agree, given the arrogant and heavy handed actions of ASX, ASIC will be cautious (risk averse as opposed to ASX) provided they haven't already become embroiled by the ASX (VISA data breach). Bearing in mind also, that ASIC demonstrated this early on by distancing themselves from the suspension direction alluded to by ASX.
Interesting too is the broader ASX market impact in terms of technology IPO volumes shrinking to practically zero.
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Separately, I have received correspondence from the Office of Dr Anne Aly MP that outlines the intentions of Dr Aly to write to ASIC, in her broader capacity as a member of the House of Representatives Standing Committee on Economics regarding the matter.
Should anyone be contemplating writing to your Federal Member(s), please do so now, as it is evident that this matter is gaining its well deserved attention.
ISX Price at posting:
$1.07 Sentiment: Buy Disclosure: Held