ASX:ASXCapital Markets
ASX (ASX:ASX) Valuation After ASIC’s Extra Capital Charge and Governance Overhaul
ASX (ASX:ASX) is back in focus after ASIC hit the exchange operator with an extra A$150 million capital charge, which is tied to a sweeping governance and risk management overhaul.
See our latest analysis for ASX.
The latest ASIC action has come on top of a tough run for the stock, with a 1 year total shareholder return of around negative 20 percent and a deeply negative year to date share price return, signaling fading momentum as investors reprice governance and execution risks.
If this...