Instead of your continued blanket statement re: "It has all to do with management not adhering to listing rules".
There is circa 350 (this doesn't include the sub rules aligned to each rule) ASX listing rules for Companies to adhere to after being admitted to quotation, there is also 35 guidance notes to support those rules and 15 appendices including sub rules, so can you be more specific?
Just to make it easy for you but the following 3.1A.3 clause may go a long way to explaining why you keep regurgitating the same thing ..... You are obviously by definition (in the case of the ASX) simply not a reasonable person .. .. .. ..
General Rule 3.1 Once an entity is or becomes +aware of any +information concerning it that a reasonable person would expect to have a material effect of the price or value of the entity's +securities, the entity must immediately tell ASX that information.
"Information" may include information necessary to prevent or correct a false market. see Listing Rule 3.1B. It may also include matter of supposition and other matters that are insufficiently definite to warrant disclosure to the market and matters relating to the intentions, or likely intentions, of a person (see Listing Rule 19.12)
A confidentiality agreement cannot prevent an entity from complying with its obligations under the Listing Rules and, in particular, its obligation to give ASX information for release to the market where required by the Listing Rules.
Examples: The following are non-exhaustive examples of the type of information that, depending on the circumstances, could require disclosure by an entity under this rule. (my opinion) *the entry into, variation or termination of a material agreement would be applicable, but then we have the exceptions
cheers
LLL Price at posting:
50.5¢ Sentiment: Hold Disclosure: Held
(20min delay)