The Australian Securities Exchange (ASX) has today released its latest review of securities trading by directors during the ‘blackout’ period. The review was conducted by ASX Markets Supervision (ASXMS) on all Directors’ Interest Notices lodged between 1 January 2010 and 31 March 2010 (Q1 2010). The blackout period is defined as between the close of a listed entity’s financial period and the announcement of its half-year or full-year results.
Directors are also restricted when they are privy to price sensitive information same as anyone else.
I doubt Frank knows anymore than what has already been said at all the reports and presentations. That is the PFS is due and the Chinese want Jumbo flakes now. So he must be confident of how things are tracking and the company has repeatedly made these comments. So the information is out there.
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Ann: Change of Director's Interest Notice, page-9
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