I don't think this applies, as in this case the information was made public - therefore no insider market manipulation could occur. The fact that an approach had been made was obviously material to the share price, and it was - non public. As I read it, AFR made sure that no insider trading could occur as we are now all aware of the offer, and can make our own informed decisions.
I don't think this applies, as in this case the information was...
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