ISX vs ASX, page-1689

ASX Counsel making a point that ISX de merger docs say court case could exceed several $ million dollars. Raising point about ISX's capacity to meet ASX's legal costs. Registrar getting a bit testy - for what reason am I being told this?. ASX says a need to seek security for costs as applicants no longer in AUS.

ASX now addressing ISX capacity to meet adverse legal costs - going through ISX Financials and cash available on balance sheet....(IMO yawn)

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ASX Counsel making a point about ISX's capacity to meet legal costs. Now taking the Registrar through ISX's de merger documentation. (IMO smoke screen and flares now being deployed!)
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28 people viewing the hearing
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Hearing now underway with Registrar Gitsham.

ASX making the point they haven't delayed the case.

ASX raising concerns ISX might not have funds if they loose.