Would suggest ASX pulled it up based on Listing Rule / Guidance changes implemented back in 2019.
Covers marking Ann's as price sensitive when in the eyes of the listing rules it may not be.
Post is not to infer a deliberate ramp Ann by the Co but merely to give a possible explanation of why is was questioned.
Can be a bit of a grey area I think that some companies are still feeling their way through at times or for some maybe testing the boundary of the grey area.
Case in point. I see ROC had similar AWS Ann recently but not pulled up. Haven't looked at the Ann's side by side but maybe difference in wording / tone or similar that ASX picked up?
PDF update attached but can google and will get law firm abbreviated updates and opinions on the rule change.
3. “Ramping” announcements
- Forums
- ASX - By Stock
- Ann: Partnership with NVIDIA
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Would suggest ASX pulled it up based on Listing Rule / Guidance...
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