Accurate and continuous disclosure is a condition of the ASX listing and if the company is willing to run close to the wind on these discoverable items, then one can ask seriously what other areas is the company running close to the wind on?
Companies reguluarly shop product info and financial info to potential customers
and financiers and fail to disclose this important price sensitive data to the owners and market promptly. This is why there has been convictions for insider trading which, IMO, is only the tip of the iceberg.
It seems odd to offer Jack Linton and potential customers samples of product that can be analysed within hours and yet keep the market and shareholders in the dark. It will be interesting to see how leaks impact on the shareprice leading up to the next quarterly report.
Like justice, not only has the right thing to be done, but it has to be seen to be done.
So, Mrs OM, I totally agree with you.
And vincent25, i wouldn't worry about "50 people in the PR department
defending every announcement" ; the company has already spent 6 months
in Malaysian courts because it did not manage community consensus
2 years ago.
Cheers
Moorokamick
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db- "production in malaysia going to plan", page-93
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