Ok, so ASIC didnt ask for the suspension
ASIC hasnt confirmed that there is an investigation into ISX.
Yet ASIC and AUSTRAC have confirmed investigation and charges at Westpac, who remains trading and not suspended, despite some world class serious shit going down.
I have it on excellent authority that the directors put to the ASX weeks ago
in writing that they would voluntarily escrow their shares to allow the minor and retail holders to trade.
The ASX rejected this without any counter offer.
Im also aware that there are some irregularities being investigated by the ASX itself regarding the ASX (not ISX).
Ive tried to contact Kevin Lewis, the Chief Compliance Officer, to get confirmation of the above offer of escrow by ISX directors. email :
[email protected] This should be the story that the SMH is writing. Why wont the ASX let small holders trade?
Is someone at the ASX in the back pocket of someone at a Big 4 or otherwise? something fishy here.
Edit : not saying or implying Kevin Lewis is corrupt. He is the guy we need to speak to to find out whats going on
