SP1 0.00% $1.07 southern cross payments ltd

Ann: Commences Federal Court Action against ASX, page-67

  1. 7,798 Posts.
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    This is not a very good look by the ASX and every company listed on the ASX needs to have a very good look at supplying information when requested.

    '36.
    At 3:23pm on 19 November 2019
    Mr Moran sent an email to HWL (19 November ASX Email) which:
    (a) alleged that ISX had refused to provide the information requested in question 25 of the Third Query Letter;
    (b) effectively said that ASX would not give the undertaking sought by ISX to keep the sensitive commercial information confidential;

    Bloody WHAAAAAAAAAAAAAAAT the flying wedgie
    'Couldn't keep sensitive commercial information confidential'

    So they agree they possibly have insiders who release information or obviously use for own benefit or benefit of others.??????????????????????????????????????//
    Thats the way I read it to try and cover own butts.
    Boy I hope other companies now pick up on it.
    Based just on that statement their needs to be an RC into the running of the ASX and they need to be delisted based on that answer alone.

    NO CONFIDENTIALITY IS SAFE WITH THEM

    Naturally my thought only and as a disclaimer
    Sorry no disclaimer I just can't respect or understand the ASX
 
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