I believe that to be correct Kelder.
My understanding of ASX governance is all directors must report their share purchases within 5 business days.
They may be liable for potential insider trading if their buy or sell financially favours them, without prior market announcement/ disclosure of information. ASX would be instrumental in determining this.
In Alex's case, disclosure that he has bought more shares wouldn't be required for 5 business days i.e. if he was an on market buyer last Friday or Yesterday, disclosure won't be required until this Friday or next Monday.
My view also, is that he is currently in confidential discussions with one or more Nickel buyers, which precludes him or any other directors from buying until disclosure of the deal is announced.
- Forums
- ASX - By Stock
- Discussion with Mr Alex Passmore MD
I believe that to be correct Kelder.My understanding of ASX...
-
-
- There are more pages in this discussion • 214 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RXL (ASX) to my watchlist
|
|||||
Last
14.0¢ |
Change
0.010(7.69%) |
Mkt cap ! $57.21M |
Open | High | Low | Value | Volume |
13.0¢ | 14.0¢ | 13.0¢ | $30.15K | 222.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 778219 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 6667 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 778219 | 0.130 |
5 | 221200 | 0.125 |
6 | 433349 | 0.120 |
2 | 13699 | 0.110 |
2 | 19055 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 6667 | 1 |
0.140 | 557735 | 10 |
0.145 | 353599 | 3 |
0.150 | 299914 | 4 |
0.155 | 203972 | 3 |
Last trade - 13.59pm 03/09/2024 (20 minute delay) ? |
Featured News
RXL (ASX) Chart |