NAB 0.33% $36.93 national australia bank limited

what does ullmer mean, he had missed the opportunity to buy...

  1. 6,716 Posts.
    what does ullmer mean, he had missed the opportunity to buy shares at the discounted price ?

    firstly, he can still buy $10k in the SPP.

    and secondly, he can buy them cheaper now on market.

    Selling shares and buying them back 20% cheaper after a week is a pretty attractive transaction.

    It is selling with the inside knowledge of actions that would certainly cause a 20% fall in share price which is illegal, whether "board-approved" or not.
 
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