ASX Continuous disclosure rules provide guidance on what should be disclosed to the market. One of the suggestions is that "the entry into, variation or termination of a material agreement" meets criteria of public disclosure.
NRL, as it's a league wide deal, therefore meets that disclosure requirement, you can't argue that. A company actually has full right to disclose any bit of information that informs the market, regardless if its price sensitive or not. The most important thing is its factual and not misleading.
Your comment regarding "blatant attempt to use disingenuous information to effect the share price" is in fact entirely your own interpretation and opinion.
Rather than enforce a "balanced and less partisan approach" in this forum as per your suggestion. I think a far better approach would be to focus and discuss actual facts and keep the emotional outbursts to yourself.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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1 | 1382 | 1.810 |
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Price($) | Vol. | No. |
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1.845 | 4382 | 2 |
1.850 | 11703 | 5 |
1.855 | 1382 | 1 |
1.860 | 1382 | 1 |
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