This is a very serious issue that should be reported to ASIC....

This is a very serious issue that should be reported to ASIC. Like someone else said, why would institutions waste their time attending a briefing that only contained information that was already publicly available and nothing new? All ASIC needs to do is to review the share registry and find out who the major sellers of Elders shares were yesterday and today, ccand cross reference it to institutions that attended the briefing. If institutions who attended did end up selling after the briefing, then further investigation would be warranted IMO.

I suspect that even though the company responded by saying that the institutional briefings implied that ELDs second half performance would be stronger than their first half performance, that second half performance could still have been below institutional expectations.

Irrespective of this, the fact that institutions would be able to come to the conclusion that the second half would be better than the first, from information disclosed at the briefing, already means that they were given information not readily available to the public.

Absolutely shocking.