Biome Australia Secures Ethics Approval for 240-Patient BMB18 Probiotic Trial

The Market Impact Score is a proprietary AiGentic scoring system that rates how meaningful and market-moving an ASX announcement is likely to be, assessed in real time, at the moment of release.

Rather than labelling news as simply "good" or "bad", the score evaluates the real-world significance of each announcement across three dimensions:

• Event substance — what actually happened and what it means for the company
• Company context — size, capital structure, and financial leverage
• Disclosure quality — how clearly and convincingly the news is communicated, and how the market is likely to interpret it

Each announcement is scored on a 1–10 scale. Higher scores indicate announcements more likely to attract investor attention and drive capital inflows. Lower scores indicate developments that may erode investor confidence and contribute to outflows.

How to read the score

• 1–4: Negative developments, likely to weaken investor confidence
• 5: Neutral or informational updates with limited immediate market impact
• 6–7: Moderately positive announcements that may support re-rating and attract capital
• 8–9: Strong catalysts with clear market relevance and heightened investor interest
• 10: Exceptional catalysts — rare, high-conviction announcements with the potential to materially shift investor perception

The score reflects net market impact — not volatility, hype, or short-term price movement.