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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$1.88 |
Change
0.030(1.63%) |
Mkt cap ! $2.143B | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.88 | $1.84 | $4.773M | 2.567M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 33526 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 57152 | 4 |
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