All there in black and white. They are clearly in breach of the Corporations Act . ISX as I understand it were admitted to the ASX 300 because they were in the top 300 companies by market capitalization as of 30/9/2019 And the OM hit job was released within days of that admission thereby enabling the ASX to crucify the company without providing any specific reason for so doing Share price volatility,safe guarding of share holder interests concerns over performance rights have all been cited as causes. But we now suspect that the ASX have every reason to hinder the progress of ISX as a fully fledged player in the Australian market because they themselves might stand to lose market share But who is responsible for the permitting of an ADI. I assume that it is APRA. And are they now constrained by this ongoing investigation /Federal Court action or are they fully independent.of those ongoing deliberations. If not why has the process been so protracted Surely close to approval at least on that front GLTAH
ISX Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
