Here are the ASX rules regarding continuous disclosure. Sure there are some escape clauses there but I fail to see how they matter, now it has been out on the newswires around the world. UQ have stated publicly that patents would remain with the drug owner/donor.
[Continuous Disclosure: an Abridged Guide1.
Introduction
This Guide is published to assist listed entities and their officers to understand and comply with their disclosureobligations under Listing Rules 3.1 and 3.1A.
These rules provide:
3.1 Once an entity is or becomes aware of any information concerning it that a reasonable person wouldexpect to have a material effect on the price or value of the entity’s securities, the entity must immediatelytell ASX that information.
3.1A Listing rule 3.1 does not apply to particular information while each of the following requirements is satisfiedin relation to the information:3.1A.1 One or more of the following 5 situations applies:
It would be a breach of a law to disclose the information;
The information concerns an incomplete proposal or negotiation;
The information comprises matters of supposition or is insufficiently definite to warrantdisclosure;
The information is generated for the internal management purposes of the entity; or
The information is a trade secret;
and3.1A.2 The information is confidential and ASX has not formed the view that the information hasceased to be confidential;
and3.1A.3 A reasonable person would not expect the information to be disclosed.
Compliance with Listing Rule 3.1 is critical to the integrity and efficiency of the ASX market and other markets thattrade in ASX quoted securities or derivatives of those securities. Reflecting this, Parliament has given the rulestatutory force in section 674 of the Corporations Act.]
https://www.asx.com.au/documents/about/abridged-continuous-disclosure-guide-clean-copy.pdf
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- PBT2 from the Doherty Institute news site.
PBT2 from the Doherty Institute news site., page-23
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