It certainly looks like at least a "technical" case of insider trading. Even if Gus was being honest about selling to realise the loss for tax purposes, knowing he would be buying them back in the CR; or if he was selling because he needed the dough and he wasn't trading with the purpose of insider trading. Even so, he was selling shares when he knew they were about to miss another deadline; the market didn't have that information, so it is insider trading, in that sense.
Ann: Response to ASX Query, page-47
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Last
20.0¢ |
Change
-0.020(9.09%) |
Mkt cap ! $167.0M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 20.0¢ | $29.60K | 142.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 44267 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 13834 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| OIL (ASX) Chart |