The selling started only weeks after the profit projections.So...

The selling started only weeks after the profit projections.So the confusing thing is what did they know that the rest of the market did not.I am sure at this time ASC would have wondered what was going on and looked into the situation as their phones were ringing hot with worried shareholders and brokers.So what did they see that we didn't and if they did see anything it would have to be from the inside as the rest of us including many brokers still have no idea.
If it's bad shareholders are going to be screaming blue murder to the ASX as the charts then would confirm something was wrong only weeks after projections.
Nothing would be proved of course as it never does but ASC and Malcolm Days reputation would be shot and they would be almost finished with most players in the market.