all trading in a stock a director does whether long short cfds options or betting with a bookie or swapping spit with his wife should be immediately notified to the market.
I might add that directors can trade cfds at the moment without having to notify anyone even afterwards- rediculous.
there should also be a separate listing on the asx of any director trading no matter what it is so everyone can see what they are doing....the ABC learning debacle is classic example where value is destroyed by an individual who after a margin call devastted the companies wealth.
It is totally rediculous how the majority of director trading is done without anyone knowing... and a lot of the time just before a major announcement
any thoughts ?
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