CTL are under the watchful eye of ASIC because it has already...

CTL are under the watchful eye of ASIC because it has already been busted once, and the banking royal commission has put pressure on public watch dogs to perform

I am taking a punt that ASIC have spoken to CTL regarding the dodgy rights issue

I would not be surprised if CTL drop the rights issue stating due to its  positive position after a successful  quarter it doesn't need the immediate funds from a rights issue