Ann: $264m Damages claim against ASX for misleading conduct, page-123

How can you put a proper figure on a claim - there are the contracts you know about but what about the ones that would have approached you, if you had secured one earlier - then after being proven the bigger organisations come in. what company will say - 'we were considering ISX but they seemed too hot so we went with a competitor'.

for instance that one gaming company ($260 mill) but what about the pay distributor in Europe. It recently went bankrupt (Wirecard)- all those payments have to still be made, 100s of millions per quarter - could ISX have jumped into that area? absolutely. That's another potential contract ISX missed. Then the reputation damage to the FLYKK network, which means lower uptake, less clients, no matter what - the figure will never cover the loss of first mover advantage into new areas.

ASX - put ISX well behind the 8 ball all based on rumours. I will be very interested in seeing how loud the news media become around this. If they want to try poking the bear to keep their buddy ASX happy or let them go into the abyss on their own.