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the ASX wont let them announce non material deals since the BIG...

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Terryzarmzoff

5,967 Posts.

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27/06/18

05:31

Post #: 33968850
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Originally posted by standalone ↑

Reading back over the asx announcement of 14 June regarding the appointment of Randy Rhodes, it was interesting the note the following sentence in para 3:

"Pointerra is partnering with Harris in the US market to provide a cloud platform for delivering a “solutions portal” inclusive of GM LiDAR data to energy and utility customers."

Its almost like a throwaway line. But i would have thought that partnering with a US$18bn NYSE listed company would deserve an asx announcement of its own rather than a sentence thrown into an announcement regarding the appointment of some bloke to be COO. Would be good to get a bit more detail on the exact nature of the partnership so the market is fully informed? or maybe it is just one of those names that comes and goes.

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the ASX wont let them announce non material deals since the BIG and GSW ripoffs. they deem it marketing via the ASX, so its gotta be tucked into updates or other news even though we as holders find it pretty important to know.

3DP Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
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