So how long does 'John Smith' at the ASX have to make that quick judgement before releasing to the market. Does he shoot of a quick text message to 'Peeps' about 'XYZ' company about to make an announcement?
I think you can see my point. Surely it is a non-negotiable rule that 'John Smith' treats every announcement as highly confidential. If he's being cavalier with some announcements that would be very concerning, and a question of integrity.
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