Thats right Gavsy, and they get away with it every time. ASIC is the blind Corporate watch dog that never sees anything corrupt in securities trading.
The CEO has an ethical responsibility to make a public announcement. Not sure about his legal responsibility to inform the market, but when a Companies stock loses a significant amount of value for no apparent reason - one would think he would be forced to make an official announcement or call a trading halt. The CEO of a flight booking company called a trading halt during the GFC, when its stock dropped as shorters circled for blood. Fixed the problem instantly.
Unless its part of an orchestrated master plan?
difficult to fall lower !, page-11
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