BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Suspension From Official Quotation, page-59

  1. 9,779 Posts.
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    ill say it yet again - deals are only required to be announced to asx if they are considered by company to be known/believed at time of the deal to have probable material impact on share valuation - materiality threshold is generally considered to be 5%+ increase in company value

    there are some other clauses that relate to non valuation related 'triggers' for disclosure but not relevant to this discussion

    having already outlined a significant revenue ambit that encompasses a range of monte carlo scenarios - its very unlikely any new alliances with other innovators would meet this criteria

    even small distribution partnerships may not be considered material from this point - because of the wide range of possible outcomes already covered in the 3 yr guidance - though clearly a matter of board/ceo discretion

    how many times do i have to spell this out?
 
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