But surely if you agree to stock a product it means you need to order some, otherwise you haven't really committed to stocking it. Of course there have probably been ongoing talks for weeks or months but I would expect the final agreement to have been something like "yes we'd like to stock your product and we'll take X amount of stock to start with".
As for price sensitivity, I am under the impression that the company marks whether the ann is price sensitive using the ASX rules which are something like "any information that any reasonable person could expect may influence the share price". If they're not sure then companies generally seem to mark as price sensitive so they don't risk getting trouble with the ASX.
As for this announcement, I'd say anything that could reasonably expected to increase revenue could be reasonably expected to possibly have an influence on share price, so I think this is price sensitive, whether the market agrees is irrelevant for the purpose of the ASX rules.
I'm no expert so could be wrong about all of that, but that's my understanding.
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Approval of 20 odd countries in Europe., page-46
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Last
46.0¢ |
Change
0.055(13.6%) |
Mkt cap ! $51.82M |
Open | High | Low | Value | Volume |
42.5¢ | 46.0¢ | 42.5¢ | $34.05K | 77.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1575 | 44.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.0¢ | 2156 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1575 | 0.445 |
1 | 4972 | 0.440 |
1 | 1500 | 0.425 |
1 | 4590 | 0.420 |
1 | 9556 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.460 | 2156 | 1 |
0.465 | 11214 | 3 |
0.470 | 61451 | 4 |
0.475 | 18010 | 1 |
0.480 | 1439 | 2 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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