Nothing exposed by OM was new news. What we do know is that ISX provided direct evidence to ASX/ASIC regarding mal-aligned activity by Fairfax media and the associated stock manipulation, and provided direct rebuttals to the market regarding OM claims. If there were to be an investigation by ASIC/ASX in relation to the matter, would it make sense to suspend trading temporarily on the ISX - probably.
More than likely the company is not able to comment publically on proceedings, however it should be able to still comment on progress on business performance matters. The ADI issuance is unlikely to be determined before the investigation by ASIC/ASX is completed.
Therefore we wait....
Ann: Suspension from Official Quotation, page-56
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