I’d argue ASIC is bringing this flimsy case (2 years after they...

I’d argue ASIC is bringing this flimsy case (2 years after they charged ISX) because ASIC know there case against ISX is so poor. I find it very interesting ASIC haven’t told us what these 5 accounting contraventions are. This case won’t be resolved before ISX and ASIC in March, I think ASIC just want to be able to say they’ve charged the auditors with something come the March case against ISX. If they had auditor gold they would have charged these guys 2 years ago. ISX was doing $5m of revenue in 2018, what its taken a further 2 years to look at audit? Now there chasing $300k of total fines...