This is where ASIC/ASX are clearly deficient.
More forensic investigation by ASIC/ASX could have identified potential causes for concern well in advance of the requirement of a class action.
So either ASIC/ASX are not enforcing continuous disclosure obligations, or the class action is clearly barking up the wrong tree.
Interesting to see the outcome maybe a class action against ASIC/ASX would be more appropriate?
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This is where ASIC/ASX are clearly deficient. More forensic...
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