SP1 0.00% $1.07 southern cross payments ltd

Round 2 ISX vs ASX, page-251

  1. 6,681 Posts.
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    NO. You are framing the whole suspension as if ISX was suspended ONLY because of shareprice volatility and that is simply disingenuous. The fact is this:

    https://hotcopper.com.au/data/attachments/2378/2378381-7bac1bf238a3014ce4c857ad778e47c3.jpg
    If you want more details then go read the SOR or at least this below:

    https://hotcopper.com.au/data/attachments/2378/2378382-07b21c43170013418ae18cc5a4a36241.jpg
    ISX had been found to have broken multiple listing rules just for within the period that was investigated:

    https://hotcopper.com.au/data/attachments/2378/2378395-3c62133115e08fd77a0a66ef6d3a53bb.jpg
    In my view, more breaches would be found if ASIC and the ASX should decide to investigate other periods as well.

    Since the release of the SOR, as far as I am aware, the ASX had broken a few more by:
    1. Not disclosing "suspended by AML" Visa and ISX's subsequent removal from its global registry.
    2. Refusing to declare who requisitioned the resolution to delist and increase remuneration.





 
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