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513 Posts.

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08/08/20

11:47

Post #: 46395978
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Originally posted by aes411: ↑

EThe ASX has done a lot of what it's done within its powers. The ASX has the power to suspend and has the power to demand information whether fairly or unfairly.

However, there has also been the issue of overreach and conflict of interest. The ASX has not acted with maturity, integrity and fairness in these regards. You'd have to ask yourself in whose interest the ASX is doing all it's doing and look at the big picture. Don't look at each query/response in isolation.

Its not protecting any shareholders or keeping an informed market by refusing to release the summary of the IE's findings on its MAP but was quick to release it's own SOR within minutes of the court ruling. And it has refused to publish ISX's response to the SOR on the MAP, which even the court thinks is fair to do.

Look you can speak to several people who all support the ASX. I'm not sure how much they know or what their views are based on. Regardless of who they are or how much money they manage they are not superior; they are just entitled to their individual opinions like everyone else. But that's the court of public opinion but doesn't mean the ASX is doing the right thing. Only a proper court process can at least rule fairly on the matter.

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As I said good luck. I think we can all agree that this is unlikely to be sorted anytime soon.

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