ah…the market operator that suspended ISX on disclosure issues...

ah…the market operator that suspended ISX on disclosure issues (and has kept them suspended on such issues) is facing significantly larger disclosure charges from ASIC (and other charges) including that they failed to inform the market by about a year that a $300m chess replacement project was cooked. Given the CEO and CFO both resigned well before the CHESS update I’d imagine defending the charges will be borderline impossible (unless of course both these people just left multi million dollar jobs for the fun of it).

Relevance for ISX? (really….) - Market operator credibility in tatters, obvious double standards in applying the rules (and a willingness to bend the rules to suit themselves), etc.