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ASIC Commences Proceedings Against ISX and JK, page-563

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vjojojose1

471 Posts.

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10/12/20

11:45

Post #: 49480017
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Originally posted by pomhat: ↑

another interesting observation of recent events..

since the JK v AFR hearing, old Joe has since written another article - which would not have been done without legal being ok.. on the other hand there has been deafening silence from the ISX side of the fence.. the usual verbose and combative responses (which holders loved, show of strength etc) have stopped. instead ISX have started playing a straight bat, plain vanilla announcement of the ASIC litigation

is this a sign of where the various matters are heading?

in ISX's final audited half-year accounts the contingent asset comment re the ASX litigation had dropped away.. from an accounting perspective, contingent assets can be disclosed where they are more likely than not (i.e. >50%).. was ISX unable to get a legal opinion in support of it's prospects?

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hope you mix some common sense with your observations. It’s afr’s job to write and it’s jk’s job to run the business. If he is doing less of what he was doing I’m only glad for it as I rather he focus on the business. more power to JK

ISX Price at posting: $1.07 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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