Australia's largest stock trading and investment forum Australia's #1 stock forum

SP1

Click for more information

0.00%

$1.07 southern cross payments ltd

Ann: ASX Update on Suspension, page-92

First 92 Last

Share
Profile

Follow
Pezz69

5,357 Posts.

2084

30/04/20

20:03

Post #: 44365004
Share

Originally posted by maxybro: ↑

So it appears that the crux of the matter was and is, the performance shares ie the self interest of those that own the shares.

ISX used share holder funds to take ASX to court because the owners of those shares didn't like ASX demanding the escrow of those shares because, well, they wanted to cash those shares in while they could. Fast forward 6 months and left with no other choice, they will agree to escrow?

All this time ISX was mobilising it's hapless shareholders against the ASX and playing victim when really it was all about the performance shares and the way they were granted, which by the way does not pass the smell test.

Maybe it's time for shareholders to mobilise themselves again, but this time against those that run ISX.

Expand

and achieve what?? If the Asx did there job properly two years ago there would be a Lot of investors who wouldn’t be in The shit. This is just one big clusterfuck

ISX Price at posting: $1.07 Sentiment: None Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

IR1

Iris Metals jumps +22% as NASDAQ's Stardust probes economics behind possible offtake

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Trump is President Again: What Does This Mean for Crypto?

BIO

Biome reaches intellectual property milestone in strain development program

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

First 92 Last

Add SP1 (ASX) to my watchlist