ASX is sued by ISX in Fed court, page-214

Great results and share price back to where it was a few weeks ago. I found the reference below in their Dividend release quite interesting.

"During the period we finalised a major package of refreshed listing rules and guidance, which help improve company disclosures to the market, make the rules easier to understand and comply with, and enable ASX to better monitor and enforce compliance. ASX is committed to market quality and to ensure the rules and processes keep evolving to serve the interests of issuers, investors and the Australian economy."

There will be some bitterness from suspended and soon to be delisted companies but I think this is a great move. Certainly they do not believe that the court case from ISX is material to the company otherwise they would have to announce it.