Whichever way you cut it this NOW lengthy suspension seems very personal . The ASX should have been investigating the motives of those who wrote those initial damaging reports and followed up on all subsequent trades to see who profited That was for starters Their job is to oversee the market and query any significant price swings Hence the need for suspension But instead they seem to have accepted without qualification the mud that was thrown. They've been like a dog with a bone unable to give up on it until such time as its buried The very timing of the reports immediately after admission to the ASX 300 and an anticipated ADI is highly suspect So who then as a public company are ASX overseen by? Somebody has to hold that responsibility Even Inland Revenue are audited. And who stands to profit the most from damaging the reputation of a fledgling company which appears to be on an explosive upward trajectory Could it be the Banks or potentially even the ASX themselves. Time perhaps for shareholders to redirect attention from the stock itself to those with ulterior motives
ISX Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
