'Is it possible the company delayed the profit update to allow GWs share sale to be clear of any trading restrictions'
My view is that is exactly what occurred. Put some blue sky out there.
But it makes no difference to the reality. If he sold and was aware that dose sales were nowhere near the mid double digits, which is what I gather from the ASIC notice, then he runs the risk of being dinged. If when he sold it would have needed more than 15% for the remainder of the year, to bring the half year dose sales to above 10%, then again any reasonable person would consider it to be inside dealing, as would ASIC, IMO.
I wonder if the AFR and the Aussie will run this story tomorrow.
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