So many here place great importance on NDA's. Problem is NDA's are not important. If NDA's are important than it would effect Brainchip SP.
There has been no NDA announcements made by Brainchip. Why there are a few here the think Brainchip has hundreds of NDA's. That creating a false market for Brainchip.
Immediate notice of material information
General rule
3.1Once an entity is or becomes+aware of any+information concerning it that a reasonable
person would expect to have a material effect on the price or value of the entity’s+securities,
the entity must immediately tell ASX that information.
Introduced 01/07/96 Origin: Listing Rule 3A(1) Amended 01/07/00, 01/01/03, 01/05/13
Note: Section 677 of the Corporations Act defines material effect on price or value. As at 1 May 2013 it said for the
purpose of sections 674 and 675 a reasonable person would be taken to expect information to have a material effect
on the price or value of securities if the information would, or would be likely to, influence persons who commonly
invest in securities in deciding whether or not to subscribe for, or buy or sell, the first mentioned securities.
“Information” may include information necessary to prevent or correct a false market, see Listing Rule 3.1B. It may
also include matters of supposition and other matters that are insufficiently definite to warrant disclosure to the market,
and matters relating to the intentions, or likely intentions, of a person (see Listing Rule 19.12).
A confidentiality agreement cannot prevent an entity from complying with its obligations under the Listing Rules and, in
particular, its obligation to give ASX information for release to the market where required by the Listing Rules.
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