Exactly my thoughts as well. The initial litigation driver (first matter) was to get ISX released from suspension and end ASX's questioning.
After ASX published the damaging SOR despite ISX's efforts to keep it confidential, ISX had no choice but to add damages (second matter) as it affected ISX's ability to onboard new customers.
Now that ISXFEU is safely operating outside of ASX's influence, the first matter has become insignificant. Who cares if SP1 trades and at what value when it's only a shell and all the juice has moved to ISXFEU?
It makes sense to manage funds prudently and prioritise growth over the ASX litigation (second matter) - at least until the ASIC matter is resolved - unless ASX moves to have it dismissed, which at the moment they don't seem interested in doing.
SP1 Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
