Thnx FMF
What announcements are deemed to be Price Sensitive?
"is deemed to be met if the information would, or would be likely to, influence persons who commonly invest in securities in deciding whether to acquire or dispose of the securities"
Brainchip ...................... Partnering with ARM
...................... Partnering with TATA
........................Partnering with INTEL
FFS .................. i know as sure as hell that if i read these announcements on the ASX Price Sensitive Announcements it would influence me to
ACQUIRE this stock.
Yep, always the interesting one isn't it.
The grey area the company shies from after the Ford one I believe, is the "material" section and whether there is revenue attached blah blah.
There are clauses in the guidance rules around non complete negotiations, trade secrets etc that give some latitude to companies as to not having to disclose at the time.
Guess that's where the NDAs come in though if, as you pointed out, that we can happily disclose "partnerships", whether revenue or material as such, via social media then those particular ones are not behind the NDA wall.
The question is whether the ASX will request another please explain further if a "partnership" was Ann via ASX platform.
Though, in fairness, there are various accepted "partnership" types like technical, development etc which to me imply they are a joint working relationship and not a material revenue partnership at that time however may become so at some point.
The company worries obviously though on name dropping, ramping and fluff Ann's in the eyes of the ASX which is fair enough however, if we rely purely on that statement you picked out then yeah I think some of those partnerships would influence mkt participants but hey...it's all grey areas when it comes to ASX.