In my opinion, it is not fair and reasonable for ASX, as the monopolistic market operator, to do the following to a potential competitor and its 10,000 shareholders
- keep ISX sin binned indefinitely
- rely on the unsubstantiated media stories and unsubstantiated OM report as a reason for the indefinite suspension
- not be satisfied with the satisfactory independent expert ISX governance report
- not allow ISX to issue a rebuttal to the damaging ASX SOR on the ASX market information platform
- not be satisfied with an audit sign off by an ASIC regulated independent registered company auditor.
ISX vs ASX, page-14
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