AGO 0.00% 4.5¢ atlas iron limited

Where does this thing close on Monday?, page-211

  1. 10,824 Posts.
    Well, if it convinced enough mums and dads that buying at 5 cents was a good idea there might be issues down the track if the story was a fabrication. Hypothetically, if M&Ds put in $40 million and are now down 30% based on a false public statement by the managing director they could be a bit upset if Twiggy didn't put in a single cent ?

    You'd have to consider the intent of the public statement in its context, and whether it was intended to mislead.
 
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