Perhaps because the numbers have not yet been audited, but mostly because XRF believe that their results are broadly inline with their previous guidance to the market. If they had significantly beaten guidance - or had a big miss - i.e. underperformed significantly against their own guidance, then that would likely need to be communicated in a separate announcement. Being an AGM Presentation, its purpose was to give a general overview of the company and where they are at currently, which is mostly rehashing info that is already in the public domain, so not usually price sensitive. Most of the info was similar to what they released in their August 2020 Investor Presentation (on 25-Aug-2020) - which WAS marked as price sensitive. Interestingly, their March 2020 Quarterly Trading Report was also marked as price sensitive (PS), and it was in 2019 as well, although they did NOT release a September 2019 Quarterly Trading Report (QTR), and it looks like they won't be releasing a September 2020 QTR either. In 2019, they had a PS Half Year Report in Feb, a PS March QTR, their PS August full year report, and their PS August Presso, but their 2019 AGM CEO Presentation was NOT marked as price sensitive. In 2020, they have followed a similar pattern. In fact, it's identical. On that basis, I don't think this was an oversight. It appears that they do NOT consider their AGM Presentations to be price sensitive - last year or this year. The most logical reason for that (in my experience) would be that there is no new information in there that is price sensitive - meaning that the price sensitive stuff in there should already be known by the market based on previous company announcements. If they are tracking along nicely based on previous guidance, that's not really new information. Also, if their Q1FY2020 numbers are broadly in line with the pcp (previous corresponding period, i.e. Q1FY2019), then that's also not usually regarded as price sensitive. I've repeated below the page from the AGM presso that discusses Q1: FY21 First Quarter Update We have experienced a positive start to FY21. Revenue for the September 2020 quarter was $7.45m (unaudited) compared to $7.39m in the Previous Corresponding Period (PCP). Statutory profit before tax increased, with $1.6m (unaudited) being generated vs $913k in the PCP. Included in the September 2020 quarter profit is $515k in COVID-19 related government subsidies. The bulk of these subsidies will cease to be received after this first quarter, as most of our divisions no longer qualify for wages subsidies. After excluding these subsidies our adjusted profit before tax is up 19% on the PCP to $1.1m. Revenue in the Consumables division for the first quarter of FY20 was $2.2m vs $2.5m in the PCP. Sales conditions have continued to be positive, particularly in the mining sector. We are also starting to see a recovery of some international non-mining markets that were quiet in the June 2020 quarter. Sales of Capital Equipment products have been strong since the start of July. The order book for some product lines is now around three months compared to our average of six to eight weeks. Revenue for the first quarter of FY21 was $2.0m vs $1.7m in the PCP. The demand is from both the domestic mining industry and international sales in Europe and Asia. The Precious Metals division has experienced a pickup in demand and delivered revenue for the first quarter FY21 of $3.3m vs $3.2m in the PCP. Contributing towards the result was the sale of new platinum labware items that are bundled with capital equipment products. We have also seen improved levels of activity from international customers in Europe, the Americas and parts of Asia. In general, whilst broader economic conditions remain challenging, we are positive on the opportunities for growth in profits and shareholder returns in the year ahead. We look forward to reporting our half-year results in February. --- ends --- Mostly positive, but I would suggest broadly in line with management's own expectations. I can understand both sides of the argument. It would be nice if it was marked as price sensitive so that more people would read it. I know I often don't bother checking most announcements unless they are marked as price sensitive, however company presentations are an exception to that rule, particularly AGM presentations. I usually have a flick through those, particularly the ones where I own shares in the company (and I do hold XRF shares, so I did look at this one). However, the ASX gives guidelines as to when a company needs to mark an announcement as price sensitive, and while those rules are a little bit open to individual interpretation, most companies have developed their own guidelines to follow in regard to adhering to those ASX rules. It probably gets down to, "does the announcement contain NEW information that a reasonable person would consider to be pertinent to the valuation of the company and therefore would affect the share price of the company?" In that respect, the answer is probably no. XRF moved up 1 cent today, which is the same amount they moved up by on Wednesday (21-Oct-2020) on no news or announcements. They commonly move up or down half a cent or 1 cent, when they move at all, so today's 1 cent rise seems well within their normal trading range.