Forum Topics NAN NAN ASX and its wierd questions to

Pinned straw:

Added 2 months ago

Does NAN consider that any measure of its statutory or underlying earnings for the full year ended 30 June 2024 as disclosed in the Results Announcements (‘Earnings Information’) differed materially from the market’s expectations?

please specify how NAN determined market expectations in relation to each relevant measure of its earnings

Does NAN consider that, at any point prior to the release of the Results Announcements, there was a variance between its expected earnings and its estimate of market expectations for the relevant reporting period of such a magnitude that a reasonable person would expect information about the variance to have a material effect on the price or value of NAN’s securities?

thunderhead
Added 2 months ago

I can't recall seeing this kind of questioning before. Are we in bizarro world?

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Bear77
Added 2 months ago

Agreed @Valueinvestor0909 - weird! So ASX listed companies now have a duty to manage market expectations according to the ASX? I find that often the best investments are in companies whose management is focused on executing their plans to the best of their ability and leave the market to do whatever it wants to do. Are we going to get to a point where companies will be expected to put out ASX announcements every time there is a new broker note about them put out that isn't on the money so to speak in terms of expectations for that company?

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