This is ridiculous!
"ASIC says the trading account belonging to Mr Xiao's wife, Xike Hu, acquired 266,500 Bannerman CFDs between July 4 and 5 and sold them on the day of the announcement (July 11) for $48,277 profit.............. The documents show ASIC has identified suspect trades in more than .... 1.45 million Bannerman CFDs."
This is a paltry amount!! Ridiculous. Sure prosecute the individuals involved, but this should have zero effect on Hanlongs offer for BMN, and should not have smashed the SP as it has. Unless they find evidence of massive insider trading by Hanlong themselves, not just some dude's wife, then the takeover offer is unaffected.
Seriously! This company cant turn a trick.
I bought a large parcel at 31.5 yesterday, and added some more this morning ... purely as a trade
hanlong execs get extended stay in Aust, page-20
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BMN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.74 |
Change
0.010(0.37%) |
Mkt cap ! $481.6M | |||
| Open | High | Low | Value | Volume |
| $2.73 | $2.80 | $2.70 | $1.473M | 534.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 416 | $2.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |