Definitely about pillar 3 imo.
Think about the way Netflix recommends videos to its customers based on their interests which is determined by their actions on the Netflix platform.
Zeta will use the data captured by BIG platform users and do a very similar thing e.g. hey we noticed you like korean bbq restaurants. Well there's 2 in your area. Then the user will be presented with the choices and they can watch the videos.
Management certainly made a mistake with disclosure. The rules that have been breached have consequences and we'll see what action ASIC want to take. Imo we'll be trading at some stage next week baring any further questions by the ASX or ASIC.
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