In order to defend the SOC they have to establish that they afforded ISX procedural fairness when they actioned the suspension and including their deliberations leading to the suspension. Given that it seems apparent that it was always intended to be an open ended suspension and therefore the consequence for ISX so significant, the fairness obligation is that much greater.
It is not a question of whether they had the right to suspend ISX. It is a question of whether they acted fairly in the lead up to and actioning of the suspension. Everything else is just noise and obfuscation.
ISX Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
