NCM AIC

Ann: Newcrest reaches settlement with ASIC, page-4

  1. ENIGMA
    1,328 Posts.
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    18/06/14
    12:54
    Post #: 13539821
    WTF?

    1) Instigate insider trading - hurt shareholders!
    2) Admit guilt to insider trading - hurt shareholders!
    3) Company pays a fine from company funds - hurt shareholders!
    4) Guilty parties get off with zero repercussions??? Companies pay big dollars to get the so called 'best of breed' for the job - these guys being 'best of breed' would have know way better - begs the question!

    Sounds like a green light for inside trading to me - you don't get punished for it!

    ASIC think they are doing anyone a favor by fining the company and punishing shareholders? Sounds like a money grab to me at the expense of shareholders!

    Trade Safe!
    Last edited by ENIGMA: 18/06/14
    NCM Price at posting: $10.13 Sentiment: None Disclosure: Not Held
    AIC Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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