With all due respect, I don't see what the listing of ISXFEU has to do with the ASX court case. I think they are separate, and not dependent on each other.
I am not a lawyer, and have very little knowledge of the intricacies of the law, so I'm sure someone on this forum will tell me if I am wrong. However, afaik, it is not up to ISX/SP1 anymore to determine when the court case proceeds (if they are in fact deliberately deferring). There have been court orders, with a set due date (which has passed of course) that stipulated when the security deposit needed to be paid. The fact that it has not been paid by the date set out in the court orders is significant in my opinion. The only conclusion a reasonable person could draw from this is that JK has no intention to proceed to trial. The slippage from the due date of the court orders must be addressed, honestly, by JK without any further delay. It is a poor look.
As I said, I'm not a lawyer - so maybe someone with legal knowledge can chime in here. What happens if ISX continue to flout the court orders by not stumping up the security deposit? Can the case be struck-off (if this is even the right term). If there is even a small possibility that this could happen, and, assumping there was every intention from ISX to proceed with the case, would the risk of this happening be woth it?
At the end of the day.... all I'm asking for above is for JK / ISX to be up front with shareholders and tell us WTF is going on.
This is now my last post on this ticker. I will continue waiting for further developments (certainly not with bated breath!)
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