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$1.07 southern cross payments ltd

Ann: Updated Statement of Claim ISX vs ASX, page-116

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naomhan

1,175 Posts.

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01/09/21

13:31

Post #: 55748704
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Originally posted by largeraj: ↑

you posted "comments like "we haven't found the smoking gun yet"."
There is a big difference between what was written, and you (deliberately?) adding the non-quoted word YET

p91
(E) on 1 October 2019 ASX had no “hard evidence” and ASIC told ASXthat they had reviewed “work done by ASIC’s financial reporting andaccounts team to ensure that they were not duplicating work or seekingthe same information” and “upon revisiting these ISX documentsalready in ASIC’s possession, it did not reveal a ‘smoking gun’ ”;

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I don't consider the "yet" to be stretching the truth.

ASIC stated that they hadn't found the smoking gun in the documents that they had. But they encouraged further investigation and searching, and later filed suit against ISX. I thought it was clear that they were still looking.

ISX Price at posting: $1.07 Sentiment: None Disclosure: Held
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