this is the thing that irks me, ASX suspended us on the 2nd of...

this is the thing that irks me, ASX suspended us on the 2nd of Oct, and ASIC 'At the time' thought it was the right thing to do. And if that indeed (benefit of doubt) was the right thing to do, ASIC couldn't muster anything more than a civil suit against ISX and JK on the 7th of Dec 2020, i.e. after 14 months, that includes VISA, which we know happened long after the suspension.

If we put these facts together, are the allegations in the ASIC's civil suit enough to suspend a listed company? As a reasonable person, I can't find any evidence of wrongdoing put forward by ASX, so only have ASIC's allegations to go with to justify this suspension.

Spitballing here- is ASIC's latest letter to shareholders which states 'At the time' an indication the smoke did not lead to fire and that the suspension was probably not justified in hindsight?

All will come out in the wash, and with it some decent compensation to shareholders for their plight.