SP1 0.00% $1.07 southern cross payments ltd

ASIC v ISX Hearing, page-562

  1. 1,172 Posts.
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    Was ISX treated fairly by ASX was the subject of the ISX vs ASX case... which ISX dropped as unwinnable. Can't see this case going into it in depth.

    On spitballing, youre pretty reasonable Nash... can you give me an explanation why the pro-JK side seem to think it proves something? I get that it doesnt sound wonderful, but it isnt really anything as far as I can see. ASX had concerns, and ASIC were already running preliminary investigations... it seems perfectly reasonable to me that ASIC could say "we would prefer that the directors were prevented from selling for the next stage of our investigation. Do we have any grounds to make that happen?"... apart from being a bit casual in a meeting, i dont see the issue with it...
 
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