Close to zero chance of ISX taking over NSX. Not a chance ASIC would allow ISX/JK have full control of an exchange licence.
And if ISX gets delisted for rule breaches, no chance of listing on NSX either - NSX cannot list and ex-ASX company after rule breaches - once again ASIC would not allow it. That's why the dozens of small cap delisted ASX companies never list on NSX. NSX compliance team would never allow it.
Close to zero chance of ISX taking over NSX. Not a chance ASIC...
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