Second major basis of ASX's resistance to 2FASOC, according to Mr Collinson, is that because ISX is international in nature, ASX may try to subpoena documents from ISX subsidiaries which may not cooperate from overseas jurisdictions and which, according to ASX, have a history of not doing so.
Hence, adding Isignthis Emoney and Probanx Holdings to the claim, as they have suffered some of the damages intended to be claimed. Further, by adding them to the claim, they would be subject to discovery in this case.
ISX Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
