the market doesnt know much so its talking rubbishmaking a...

the market doesnt know much so its talking rubbish

making a buy/hold/sell decision based on no specific news is just plain panic

ill wait until we are told
my complaint is that we have been told zero of any value to decide what todo

this is the very situation where insiders do take advantage
in fact its in the companies interest to not allow that

as the board would be fully aware they MUST inform the market as soon as they have information that is material to the share price

dates and times of when the company is made aware of price sensitive information is easily determined and although they promptly informed us there was no detail

if its catastrophic the company should have put themselves into voluntarty suspension
if its not catastrophic then they have failed in their reporting obligations in my opinion and ASIC should go for them and scrutinise all share trades that are now occuring