"Stitch up" - you mean the one that resulted in serious charges proven against our CEO? A judge just ruled that he has repeatedly and intentionally lied to his investors. Wanna try that again?
No class action against ASX or ASIC stand a chance. They were just proven right.
And yeah, ASIC have been called toothless and lacking resources to really clamp down. Even going for only the most obvious and dire cases, ISX still made their radar. I honestly have no idea why you guys are still trying to spin this. It's over. ASIC won.
Next steps are up to JK. He can continue to have us unlisted for several more years, citing market conditions. Or he can list us on some dodgy B Grade market thatll take him. Or he will resign (more likely spun as retired and moved to an advisory role) and appoint cronies to the board (given his significant stake) so that we can list properly.
We all get to wait and see which is it. But the debate over "was there a conspiracy" is over. Unless you want to add a judge to the list, move on.
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