Yoda
Regular
I don’t agree with this. It could be announced as a non-price sensitive announcement. Clearly, it has the potential to lead to revenue at some point in time, so it’s not immaterial. If it’s important enough to announce on social media, then it’s important enough to announce as a non-price sensitive announcement on the ASX.There's a simple explanation why they don't as Bacon pointed out. Until the partnership produces revenue, it is immaterial.
Even if it was a non price sensitive announcement on the ASX, it is not going to cause a shift in the share price so why bother? It takes time and money to put together the announcement.
Personally, I am okay with this arrangement as I would rather the team focus their energy into converting the partnerships into licenses than spending time on immaterial announcements.