The question they would have had to ask themselves was whether it was ‘material information’ for the sake of their ASX disclosure obligations - which if I understand correctly requires some judgement on whether it would shift the share price by 5% - 10% +. In a value sense, using round numbers based on rough market cap of $1b it would need to be something worth $50m - $100m or more in value. Assuming here that the ASX disclosure obligations are applied in a way that’s similar enough to the NZX.....
Ann: Production Update March 2021 Quarter, page-18
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$1.89 |
Change
0.010(0.53%) |
Mkt cap ! $2.154B | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.89 | $1.86 | $8.455M | 4.514M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 41869 | $1.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.89 | 46046 | 3 |
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