I don't think there was anything cute about it. The ASX allows non disclosure of certain commercially sensitive information. The company would have prejudiced their negotiations with others if they released the information before reaching a deal with another party.
I have underlined the points that I think are relevant here. 3.1A.3 probably also applies.
3.1A Listing rule 3.1 does not apply to particular information while each of the following requirements is satisfied in relation to the information:
3.1A.1 One or more of the following 5 situations applies:
It would be a breach of a law to disclose the information;
The information concerns an incomplete proposal or negotiation;
The information comprises matters of supposition or is insufficiently definite to warrant disclosure;
The information is generated for the internal management purposes of the entity; or
The information is a trade secret; and
3.1A.2 The information is confidential and ASX has not formed the view that the information has ceased to be confidential; and
3.1A.3 A reasonable person would not expect the information to be disclosed.
https://www.google.com/url?sa=t&...copy.pdf&usg=AOvVaw0JKarS0yClm3I88fG8-5CS
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