@HCuser3, Reply function not working. Re your 2nd to last post above:
Re " If there was something of essence, then ASX would have ventilated it."
That comment, in a nutshell, precisely sums up the current status of ASX's strenuous efforts to nail ISX, efforts carried out by ASX since September 2019 - over 8 months ago, after 4 extensive and extremely (and puzzlingly) wide ranging query letters, other correspondence, injunction court proceedings/outcome, and with overhang of the original Federal Court proceedings against the ASX by ISX - which I guess at this point ASX would prefer not to have to front up to.
Those efforts by ASX
imo rate as abysmal. Why? Unless ASX can come up with new and damning evidence, surely after all of this time and their efforts they are now in a lose-lose position, with possibilities including:
a. lose the court case, ISX suspension lifted, ASX has egg on face and may have to pay damages
b. ASIC investigation clears ISX, ASX has more egg on face
c. ASIC investigation finds relatively minor transgressions by ISX, imposes minor sanctions, ASX has no face left for egg to stick to
d. ASIC investigation finds serious transgressions by ISX, imposes significant sanctions, ISX complies with sanctions and continues to trade with ongoing commercial success, ASX has reprieve from egg on face as all eggs in the 1 basket originally bought by ASX with intention to throw at ISX, are now used up
