My analysis suggests that the ASX and more speculatively, ASIC, are trying to determine whether the revenue is actually above board. Based on my understanding of the line of questioning by the ASX, I speculate that they seem to have substantial doubts that it is the case. Doubts that seem to increase in intensity as they dig deeper.
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- SP1
- Ann: Response to ASX Query Letter
Ann: Response to ASX Query Letter, page-384
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