SP1 0.00% $1.07 southern cross payments ltd

ASIC Commences Proceedings Against ISX and JK, page-15

  1. 436 Posts.
    lightbulb Created with Sketch. 40
    I did a quick browsing through the SOC, seems the same focus accusation of ASX made. Now the real master behind coming out from the shadow. No matter who wins the case, the tactics used so far is really dirty.

    So I reckon ASX was used to delay and buy time and to lead a sneak out of its hiding hole to expose its weakness, the whole thing took more than share holders 1 year+ and this master for some reasons don't want to do it upfront or brightly.

    The court outcome can be beneficiaries to small Dad and Mum holders like me, but the proceeding steps have too much smelling dirty all over it. ASIC should came out upfront and controlled the situation and not locking down small holders' fund for so long in such long uncertainty. Failed on its duty.




 
watchlist Created with Sketch. Add SP1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.