From page 58 - 66, ISX addresses the following:
Failure to lift the suspension after ISX had complied with ASX’s Directions
So, not only did ASX have no "smoking gun" or "reasonable basis" to suspend in the first place, the egregious refusal by ASX to lift the suspension, even after ISX had met all of ASX's ridiculous directions is beyond the pale. ISX lists the original 4 directions, when they were met, the late addition by ASX of the Visa disclosure and ASX's subsequent interrogation of their own independent expert!!
I know we have all lived this over the past nearly 2 years, but reading it in summary just makes me so angry.
ISX sums it up nicely on Page 66... By reason of the matters set out in paragraphs 48A to 48H, since 7 September 2020 ISX has
complied with each of the Directions given by ISX.
ISX continue on with some more ASX "spit-balling" to justify continuing the suspension and add details of their offer to escrow - that ASX refuseded.
I am so please JK sensed early on that the ASX never had any intention of lifting the suspension. While court cases take forever and this is distressing, there really wasn't any other option.
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