This is the EIQ trading policy - https://www.echoiq.ai/wp-content/uploads/2023/09/EIQ-Trading-Policy-updated-28-Sept-2023.pdf
It is possible there was a breach.
I mean, the 500,000 shares purchased was announced as as part of a price sensitive announcement. It is not a good look, and the acquisition was not dated.4.2 (b) In addition to the restrictions in clause 4.2(a), a Designated Person may not Deal in Company Securities at any time if he or she has:
(i) information that he or she knows, or ought reasonably to know, is Inside Information; or
Inside information is obviously defined basically the same way as a price sensitive announcement.
Kimber doesn't seem to have any previous ASX experience.
This is the EIQ trading policy -...
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $88.71M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.0¢ | $57.50K | 374.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 9999 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| EIQ (ASX) Chart |