Yea.
They legally don't need to mention these things, so basically they don't!It would only bring attention to part failure and a big possibility of a personified damper on the share price.It's just one of those things.As a director I guess in this instance it's almost your responsibility not to bring up any negatives.And technically unless the other party actually writes you a letter to say they will never ever do the business with you, there is always the chance that a deal could be back on.So I guess it's the way it is!It would be nice to have 100% transparent honesty but..
I've seen this so many times on ASX
All the more reason to do lots of research
Unith (ASX:UNT) undergoes transformational December 2022 quarter, page-71
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