Ann: ASX query letter and ISX's responses, page-128

Although I rather agree with you Saf... it seems to me that JK has developed his plans for ISX a long time ago and has a timeline established. From all I've seen the plan is well considered and has an end-goal of a global trading platform/exchange.

Although NSX trading halt is correctly directed to NSX CR, I'm concerned that JK is spreading himself too thinly and may even be mixing NSX and ISX interests and this will no doubt incur close scrutiny from ASX and ASIC. No doubt ASX are considering how to halt NSX plans and looking at JK's activities to ensure there is no cross-over of finances. JK is treading a very fine line here and putting SHs interests at risk if he missteps.

Scott.