"Is the company required to announce every sale they make?" – No, of course not, only sales that have a "material" impact (whatever that means). But now we have the half-year report, we can get a feel for the mix of material sales compared to small sales that weren't announced:
- Hardware sales of $18.4 million (HY report, note 2, pg 16)
- Announced sales during the quarter $14.7 million
- Therefore, unannounced sales were $3.7 million over the six months, or roughly $600k per month.
I conclude that it's unrealistic to hope that unannounced sales will make up for the absence of announced sales so far this quarter.
"Is the company required to announce every sale they make?" –...
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