The way I see it personally, the directions by ASX involve surrendering potentially incriminating information, independent third party forensic audit and further disclosures in their quarterlies.
Now, if the information leads to incriminating ISX in significant wrong doing, should it be reinstated? No.
If the audit found info incriminating ISX in a significant wrong doing, should it be reinstated? No.
If the revenue breakdown turns out to be incriminating?
What if ASIC ends up litigating?
Do you understand now why complying with the directions does not guarantee lifting of suspension?
So which one of the directions have ISX now completed? None.