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Why would the suspension impact the ADI license?

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McKhenry

5,366 Posts.

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24/12/19

10:38

Post #: 42115008
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Originally posted by gregbris: ↑

I got rinsed when I initially said how long the average suspension times were, as 'ISX is different and won't be that long'. i think It's more the competition having sway, not saying corruption but I'm looking forward to the court case. I call it's going to high court.

As Buffet said - it shouldn't matter if disallowed closes for five years, as long as the fundamentals are good.
The problem is the loss of reputation, and delaying strategic plans (ADI, and credit cards and other markets expansion). The suspension postpones growth and even if published apologies get printed and distributed (like SMH vs Jeff Rush, undisclosed settlement) the damage has been done. It provides competitors an opportunity to get a stronger foundation.

Asx just got a new board member - history BT and challenger, still a huge conflict of interest in my opinion.

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Why would the suspension impact the ADI license?

ISX Price at posting: $1.07 Sentiment: Hold Disclosure: Held
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