https://www.afr.com/technology/asic-calls-in-former-wisetech-directors-to-provide-evidence-20250318-p5lkd3

ASIC's interest is likely to keep sentiment depressed further, and cast a pall over RW's continued association with the company.

The chart of WTC is obviously broken and bearish after recent events, but there is an eerily interesting thing about today's low.

It is exactly the price reached at the bottom of the one-day yen carry trade panic (remember that?) on 06/08/2024, down to the cent!

So, is that the bottom? Only time will tell, but markets tend to exhibit an uncanny symmetry about them, so I wouldn't be surprised if it did turn out to be the case.

I would be surprised if this is anything other than the termination of RW's association with the company.

With more nasty skeletons coming to light (and more yet that may tumble out of the closet), keeping him on in any capacity risks being toxic.

I for one could see this coming from a mile away when the initial allegations first surfaced. The board took a gamble with the fire-him-but-don't-fire-him arrangement, and it didn't pay off.

Market Announcement

20 February 2025

20 February 2025 Market Announcement 1/1

ASX Limited ASX Customer Service Centre 131 279 | asx.com.au

#10867535v1

WiseTech Global Limited (ASX: WTC) – Trading Halt

Description

The securities of WiseTech Global Limited (‘WTC’) will be placed in trading halt at the request of WTC, pending

it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the

earlier of the commencement of normal trading on Monday, 24 February 2025 or when the announcement is

released to the market.

Issued by

ASX Compliance

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