iSignthis Limited (ASX: ISX) has started a legal proceeding against ASX Limited in the Federal Court of Australia. The lawsuit is filed to question the decisions made by the ASX to suspend, and not reinstate, the ISX shares for quotation on the exchange.
- ISX is looking for orders which require the ASX Ltd to lift the suspension and reinstate ISX’s shares for quotation on the exchange;
- The company is concerned that investors are being denied the opportunity to trade their shares and the continuing suspension could harm the ISX’s position with investors, customers and suppliers.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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