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So the blackout period applied because the 4C was released on 31...

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    So the blackout period applied because the 4C was released on 31 January 2022 and the half-year accounts are due in February, and that was the same day that the trade occurred.
    Ironically, had Mr Digby not purchased any shares on 31 January 2022 and instead waited until 3 or 4 February 2022, he would have got more shares for his $2,000.
    Even so, rules are rules and must be followed irrespective as to whether the outcome does or does not advantage the individual who did the trade.
    Last edited by 82Punter: amended the reason for the blackout period. 04/02/22
 
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