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Ann: Trading Halt, page-10

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  1. 1,558 Posts.
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    You don't seem to understand the whole concept...

    "How does it benefit someone associated with the company to have the share price lower? If the share price is lower, the company has to be further diluted to raise the same amount of money."

    This company is run by publicly raised money buddy, so of course it is benefitting someone associated with the company. Let's say you can run your own business without using your own money would you be happy? would you even care whether the business is making any money when your wages are coming straight from the public money (that's how the executive director works)?

    Accusation of insider trading? I don't think so, they didn't spread false news on the share market or even the top 20 selling any. The biggest problem is most of the top shareholders are employees within the company, the worst you can accuse them of is underperforming or non-performing employees and that is not illegal at all.

 
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Currently unlisted public company.

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