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17.3.4 - It is appropriate for any other reason.Seems like they...

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Gsinc

1,752 Posts.

377

01/09/21

21:37

Post #: 55763385
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Originally posted by largeraj: ↑

(reply fn not working

@Gsinc, you say "So they suspected issues, suspended ISX and during the investigation found evidence that confirmed, in there view, the reason for suspending in the first place.
Not saying any of the reasons were valid etc but there is legitimately no other way of interpreting that quote. I’m fact it’s it’s so clear trying to read between the lines and think otherwise would give you a headache."

Surely you don't believe that a company can or should be suspended on mere suspicion?
That would be like putting someone in jail before being charged, while the police searched for evidence, and many other similarly illegal parallels.
Investigated and interviewed to get the suspect's explanations etc, yes. But not suspended until evidence has been proven or put before a judge/jury. Get a grip. Or do ASX have extraordinary powers outside of normal Australian due process and justice to do what they just feel like doing?

I agree with @ben79, that there's a tacit admission there for all to see.

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17.3.4 - It is appropriate for any other reason.

Seems like they can arrest on mere suspicion and then build a case from there.

Nobody cares about it until it affects you I guess.

ISX Price at posting: $1.07 Sentiment: None Disclosure: Held
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