SP1 0.00% $1.07 southern cross payments ltd

Ann: ISX damages claim increases by $200.7m to over $464.7m, page-160

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  1. 2,243 Posts.
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    Although I would be immensely disappointed, I do agree that this is what most likely will happen. There is a price for this though. I believe that this is why ASX does not think the court case or the claims are material - because ASX knows that no-one will let it get to that stage. It would be too disastrous for the Australian economy - just like the banks. But more than the banks, if ASX is guilty of all that I think it is, what then? How is this monopoly controlled - or are we already at this stage?

    Certainly, the answer is not to allow ASX to get rid of a viable fintech which may well successfully challenge ASX's monopoly. As @siciliavin posted in Post #: 47004345, in the financial year 2020, the number of ASX listings declined with delistings outnumbering IPOs and RTOs. Australia needs a viable competitor so that neither body becomes complacent.
 
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