yes the ASX was right to suspend, the whole fiasco was started...

yes the ASX was right to suspend, the whole fiasco was started by the one-off / recurring revenue issue.. which ASIC succeeded on, the market should have been informed and ISX (and the second defendant) mislead the market as to the nature of that revenue (which was therefore found to be material and market sensitive information)

you can still draw your own conclusions as to why the one-off contracts were entered into. ASIC didn’t successfully argue their case that it was a breach of directors duties