Serious question: Why is the ASX investigation 14 months after performance share are met and distributed?, page-6

First 6 Last

Share
Profile

Follow
centro11

2,784 Posts.

291

29/05/20

16:57

Post #: 44925438
Share

Originally posted by sallyfolds: ↑

I have question maybe someone here can kindly answer.
ASX originally suspended ISX and cited "Share Price Volatility" (and we all know they had nothing and wanted to go fishing based on the unsubstantiated OM report)
however they claim to have done it in "consultation" with ASIC (which was a flat out lie)
ASIC later confirmed...no we weren't consulted by the ASX.

If this is the case why is ASIC still sitting on the fence and waiting for the court proceeding to influence their decisions?The SOC revolves around Procedural Fairness and the contract the ASX has with ISX.

Would it not be the case that ASIC would be called into the proceedings early to verify the above facts?? It just doesn't make sense that they would remain quiet.

Question for ASIC:: Have you investigated share price movements in and around the release of the Ownership Matters report? That's all i'm interested in as a shareholder of company ISX. I would like to know who profited from this unsubstantiated report and who was involved with subsequent share sales both long and short. That's the bigger question in all this BS.

side comment: ASX time to declare your conflict of interest. Your only digging a deeper hole for yourself.

Expand

“ASIC later confirmed...no we weren't consulted by the ASX.”

No that’s incorrect. ASIC advised the suspension was not requested by them and ASX never said that ASIC requested for the suspension.

ISX Price at posting: $1.07 Sentiment: None Disclosure: Not Held
3 Upvote

2 Great analysis

Reply

Top Stories

GLF

Gemlife used the ASX's new IPO fast-track. Is this the start of a new cycle?

ASX Market Open: Oz shares dip back (very slightly) after Wed's record close | July 3

RML

Resolution looks to 'strong historical data' as Horse Heaven search begins

Trump chides Powell as Goldman call for calm. The RBA must be nervous

Thursday's HotCopper trends: Vault Q4 miss, Peak raise | July 3

CBA

CBA down as BHP goes up – what's going on, and, will CBA stocks correct?

CCO

The Calmer Co FY25 revenue hits $8 million, up 86% on FY24

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

ASX Market Close: Local bourse dips red as CBA profit takers swoop

SFM

Why is Santa Fe Minerals up 370% on Thursday?

First 6 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Serious question: Why is the ASX investigation 14 months after performance share are met and distributed?, page-6

Top Stories

Gemlife used the ASX's new IPO fast-track. Is this the start of a new cycle?

ASX Market Open: Oz shares dip back (very slightly) after Wed's record close | July 3

Resolution looks to 'strong historical data' as Horse Heaven search begins

Trump chides Powell as Goldman call for calm. The RBA must be nervous

Thursday's HotCopper trends: Vault Q4 miss, Peak raise | July 3

CBA down as BHP goes up – what's going on, and, will CBA stocks correct?

The Calmer Co FY25 revenue hits $8 million, up 86% on FY24

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

ASX Market Close: Local bourse dips red as CBA profit takers swoop

Why is Santa Fe Minerals up 370% on Thursday?

Featured News