Class action under investigation!, page-168

You continually miss the point.

It is about disclosure of a material event.

At the time, they did NOT have the CBA contract - nothing was signed, sealed and delivered.

So at the time when the contract was cancelled - it was a material event, as the company at the time was making pittance each quarter.

The argument used by the company was the "anticipation" of a Bigger Contract obviated the requirement to disclose what was then a material event.

Now, show where this (ASX) has been allowed?!?

If its allowed, then every single company will use the excuse that they have an "anticipated" deal coming up that obviated the requirement to disclose any current material events!!!

Then we will all live in Happy Gilmore country, where there are NO BAD news at all.

We might as well shut down ASX