SP1 southern cross payments ltd

Serious question: Why is the ASX investigation 14 months after performance share are met and distributed?, page-61

  1. 6,681 Posts.
    lightbulb Created with Sketch. 1545
    Have you read the ASX statement of reasons? You haven't.

    According to the SOR it was ASIC who gave info to and advise the ASX.

    https://hotcopper.com.au/data/attachments/2195/2195228-150e2b2049874061c2d7b60767311b67.jpg

    Shortly after, the ASX suspended ISX. The ASX then did some queries and found that ISX had broken a bunch of listing rules as explained in the SOR.

    Now my guess is that the only reason why ISX hasn't been delisted yet is because of the pending court case. Once ISX lose (all but certain in my view) it then delisting would happen.

    ISX had already been found to have broken a bunch of listing rules. Okay?


    Last edited by aniesbaswedan: 01/06/20
 
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.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.