JK may be gobsmacked - we should be horrified by the fact that ASX believe they have a right to view ISX's legal documents prior to the next hearing by merely invoking a listing rule - an ambiguously worded LR.
Something has to be done. Someone has to intervene. This is a nonsense yet it totally and fully demonstrates ASX belief in their perceived and shielded 'corporate autocracy' and autonomous 'power'. Reference also yesterday's Australian article re the foundations of ASX's monopolistic base.
CAN THIS LATEST MATTER/REQUEST from ASX be immediately REFERRED or REPORTED to the FEDERAL COURT by ISX - reason I ask is this - later formalised elsewhere...but early indications relating to the last 29 July 2020 Fed Court hearing are initially contained in these snips below: refer SNIP 2View attachment 2469602View attachment 2469605***************
Procedural unfairness?
IN MY OPINION - IF I AM ALLOWED TO HAVE ONE....
ASX is perpetrating and continuing to provide one of the worst examples of corporate and conflicted bullying and is exposing their complete lack of care and lack of knowledge of their duty of care to listed companies/shareholders IF YOU EVIDENCE ASX'S ACTIONS AGAINST ISX TO DATE. ASX BEING THE MARKET OPERATOR AND ALSO THE SUBJECT OF A FEDERAL COURT HEARING....NOT ONLY A MARKET OPERATOR BUT ALSO A DEFENDANT/RESPONDENT - HAVING TO DEFEND THEMSELVES, THEIR ACTIONS IN COURT. What ASX actions to date have demonstrated inherently and pervasively - is their [ASX's] complete and utter lack of justice, fairness, ethics, code of conduct and transparency etc etc in relation to their treatment of ISX especially when compared with ASX's actions and or lack of action to date against many companies listed in ASX's 200 Index.
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To provide a link for a previous post:
ISX WAS N0. 222 OF 300 ASX listed companies pre ASX's suspension.
A link to verify is contained here:
https://www.marketindex.com.au/asx-listed-companiesAlso contained in this link is:
https://www.marketindex.com.au/short-sellingAnd this also - which is certainly worth reading viewing in retrospect - particularly the information/links on ASIC's own site:
https://asic.gov.au/regulatory-resources/markets/short-selling/short-position-reports-table/
