Yeah - it is no good, and certainly not limited to BDR. I wasn't very pleased about being the last person to know about RRL's pit stability issues either. Conversely, on the odd occasion I am made aware of things that should be known by the market, but never are.
But it is a free for all now, with ASIC funding reduced to nix. Also, I don't think what few resources remain are sufficiently skilled to respond quickly and appropriately. All they need to do is find some appropriate patsies and strip one director of a directorship, and one geologist of competency authority and the problem will be fixed. Look what happened to PBY - kept in to do extra homework. What a joke.
I believe disclosure is much better on the TSX - so there is already a template for the ASX to borrow from.
BDR Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held