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10:36
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Originally posted by Investor7:
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Have to agree. Why the ASX puts some companies through the wringer and gets them to explain everything for days, weeks and sometimes months and yet a seemingly big $ deal like this turns out to be at least factually incorrect. Should have been suspended from first announcement and should have had to provide more detail. Certainly a failure of due diligence by directors and board and also ASX in terms of process. This sort of thing hits the credibility of the ASX big time. At some point the ASX may have the responsibility taken away from them and given to another group as they are clearly not managing this stuff well.
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If you want to put pressure on the ASX then get your market participant to ask for trades to be reversed in IGE and state the reason. Otherwise the ASX will say that they have received no requests for cancellation from ASX market participants.
