Obfuscation? really? You on the other hand appear to be ignoring any possibility that ISX was included in those "material changes to 4 to 5% of the financial reports"
I will simply repeat my post of yesterday below and leave it at that:
The 2nd document included:
"ASIC’s risk-based surveillance of the financial reports of public interest entities for reporting periods ended 30 June 2010 to 31 December 2018 has led to material changes to 4 to 5% of the financial reports of public interest entities reviewed by ASIC. The main changes related to impairment of assets, revenue recognition and expense deferral."
So ASIC enquires in relation to ISX, if it was included in the review, I agree, were very likely on the issue of revenue recognition, specifically around the performance shares.
But my assumption is that it does mean that any enquiries to ISX have been resolved, or were not required. If resolved, and a change to data by ISX was required, would they not then have to announce material changes, and if no material changes, it is all good for ISX?
