NO . Your're wrong. Piedmont is governed by it own home exchange rules of disclosure for ' Material ' price sensitive announcement . In this case the NASDAQ whereby they only have to report it if the transaction is ' Material ' and relative to its operations. In this case , I would hardly think their share of the transaction would be ' Material ' so their is a fine line , and I have read up and am versed extensively on this subject. For the ASX maybe, but the deal if it was done is not part of the Sayona Australian operations so I would think is not pertinent to them and their listing here in Australia. So again , their disclosures are largely now governed by the NASDAQ as to whether they do or don't .
So no it not an ' obvious ' clue as you try to downplay it . Especially for those new investors who may or may not be familiar with the NASDAQ or US Securities listings. But remember , reporting , updating the market , and disclosures doesn't seem to be one of their strong points.
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NO . Your're wrong. Piedmont is governed by it own home exchange...
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