Under the continuous disclosure regime, axm is required to...

Under the continuous disclosure regime, axm is required to disclose all price sensitive information immediately to the ASX, except in limited circumstances.

These limited circumstances include where information may be known to a particular Director but not yet by the Company as a whole (i.e. the Board). Any conversations held with axm prior to the Board meeting of today may have been restricted by this regime.

A number of responses:
1) A phone call on Monday maybe be prudent given that the Board is now aware.
2) The lack of an ann Monday morning would be more telling than an ann to the market (ie the lack of would be positive)