ISX Suspension - Reason - duration, page-16

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HCuser3

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12/10/19

21:31

Post #: 40854224
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Originally posted by aniesbaswedan: ↑

Well let us all look at the timeline here:

Point of reference, article by SMH:

disallowed/business/companies/more-trouble-for-isignthis-as-regulatory-crackdown-hits-its-customers-20190919-p52svb.html?js-chunk-not-found-refresh=true

So it all started when ownership matters (OM), according to an article by SMH, start to question things:

So according to the article, OM questioned those things.

Not long after, ISX themselves issued a statement:

Which then led to some questions being asked by ASX and the subsequent SHARE PRICE VOLATILITY. Looking at the corresponding share price chart seems to corroborate this.

Not too long after that, ASIC came into the picture and the company is put into trading halt because of enquiries by ASIC and ASX on a number of issues.

So then, based of the SMH article, ISX is currently being formally investigated by ASIC:

...from what I can gather, about its continuous disclosure issue. According to the article:

So it seem that it has also already been forced to hand over things by ASIC.

So then it seems to me that it started when OM started to ask question and now ASIC has begun a major investigation into ISX's disclosures to shareholders.

Now what would constitute disclosures to shareholders?

By my understanding is absolutely everything that a company should disclose to shareholders. This may include, revenue numbers, profit, customers, share movements by insiders, etc. So basically everything I think.

So I think that is that.

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anie.... i sped read your post. You have exemplary copy and paste skills and a bewitching argumentative aptitude.

Its synonymously evanglestic - almost a fiat lux moment for me. Thank you for shining a light on the ISX path of dispair and saving us from our wretched fate. God bless.

Last edited by HCuser3: 12/10/19

ISX Price at posting: $1.07 Sentiment: Hold Disclosure: Held
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