This reeks of desperation. I called out BIG late last year and early this year for making announcements at the drop of a hat in order to prop up the share price. That ended badly. This looks ghastly similar.
Anyone can sign a distribution agreement. The first order is also so small it's effectively meaningless. Why are distribution agreements marked as price sensitive - especially ones that have no quantitative value? The ASX would be flooded every day with announcements if every company announced every single distribution agreement it made.
Ann: Huibao Distribution Agreement and First Sales Order, page-39
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