Well hasn't BRN this year just been a kick in the guts.
Hard to see how the SN Tech findings are not considered material or how the sales this week are not in breach of the policy listed beneath, and the company would have a fairly good idea by now about the outcome of both investigation and upcoming deals. Interested to find out what their stance is come Monday.
Just a little something From BRN's security trading policy:
- .3 Inside information
"Inside information" is information that:
- is not generally available; and
- if it were generally available, a reasonable person would expect it to have a material effect on the price or value of Company Securities or on a decision to buy or sell Company Securities.
- The financial impact of the information is important, but strategic and other implications can be equally important in determining whether information is inside information. The definition of information is broad enough to include rumours, matters of supposition, intentions of a person (including the Company) and information which is insufficiently definite to warrant disclosure to the public.
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Well hasn't BRN this year just been a kick in the guts. Hard to...
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