SP1 0.00% $1.07 southern cross payments ltd

Ann: iSignthis Ltd vs ASX Ltd s1041H alleged breach by ASX and a, page-139

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  1. 253 Posts.
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    Masg that is exactly the whole point. If the income is illegal then sure there is a problem. Im sure, as others have alluded to, that ASX thought they were receiving income from crypto and ASX has no appetite for companies in that sector. Once they found ISX was not earning crypto but rather earning GPTV from processing payments and KYC for some companies dealing in the crypto sector they then had to find another reason to justify the suspension. The direction to force ISX to list the business % from each sector in the 4C is frankly an over stretch by ASX. There is no other listed entity that is required to provide this info. Why only ISX? Im sure that some of the Big 4 banks operate bank accounts for crypto companies and are facilitating payments for crypto so why not force them to disclose? Sure its probably a minute % but it just shows the level of double standard ASX has in this matter.
    Hold tight! Im sure we will come out shining bright from this even though it testing at times!
 
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