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

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centro11

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29/05/20

16:57

Post #: 44925438
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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.

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

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