You see,
Insider trading happened in the past is happing now and will happen in the future there is no doubt.
The fanciful idea that insider trading can be stopped or controlled is just stupid, as it is almost impossible to do so in many cases.
In almost every takeover offer, every new tenement discovery, every profit upgrade or down grade for that matter on the ASX , the stock moves significantly either positive or negative because some information leaks out and most of the time it is unintentional.
Do you really think it all happens behind close doors? Of course not!
If it is a one to one dealing it might be possible and the news could be kept, but as you all know within any listed institution, there is staff involved, there are reports that have to be prepared and fed to the printers for publishing and prior to all of that there is the initial contact that a director or directors will receive this info initially and pass it on to staff.
So it is pretty hard to keep things hush hush in the big city.
The term “Insider trading” may be too egotistical for what we are looking at here but there is someone out there that knows what the offer is and they are set to make a killing, this someone may not even be related or employed by Brambles even. But then again who knows.
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Last
$15.10 |
Change
0.030(0.20%) |
Mkt cap ! $21.02B |
Open | High | Low | Value | Volume |
$15.13 | $15.19 | $15.03 | $28.87M | 1.910M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16639 | $15.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.18 | 7550 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1733 | 15.050 |
1 | 200 | 15.010 |
1 | 300 | 15.000 |
2 | 780 | 14.900 |
1 | 1000 | 14.810 |
Price($) | Vol. | No. |
---|---|---|
15.310 | 4739 | 1 |
15.360 | 1181 | 1 |
15.370 | 350 | 1 |
15.390 | 1250 | 1 |
15.400 | 350 | 2 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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