BBI babcock & brown infrastructure group

insider trading complaint form, page-151

  1. 4,510 Posts.
    I don't think posts on HC make any difference.

    There is really only 2 things to prove and that is:

    1. The buyer acted on inside information.
    2. That melua sold out to these buyers and therefore suffered a loss.

    and possibly 3.....

    3. That ASX was incompetent in not doing anything about it, especially a speeding ticket, to make sure the market was fully informed. Really it should have beens suspended pending an anncmt and kept in suspension until the deal was announced. That would have protected everybody. The ASX got it wrong.
 
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