It is interesting that BET assesses the ‘materiality’ of any one expense by its relative proportion of total expenses, rather than by its impact on expected profit as seemingly required by ASX guidelines.
https://www.claytonutz.com/knowledge/2020/march/asx-updates-its-continuous-disclosure-guidance-after-australias-first-judgment-for-a-shareholder-class-action
If profit wasn’t important, then why would you assess the materiality of expenses by their impact on it?
Ann: Response to ASX Query Letter, page-78
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