I don't get it, either he's an idiot or there is more gain done somewhere via relatives or friends.
Tesla Australia director sentenced for insider tradingTom Richardson
Former Tesla Australia director Kurt Schlosser was sentenced to two years and six months imprisonment ASIC said today.
Mr Schlosser will be released immediately upon entering into a recognizance, on the condition that he be of good behaviour for two years and six months, according to the statement.
Mr Schlosser purchased 86,478 shares in Piedmont Lithium and told a friend about a lithium contract in advance to book a profit of $28,883.53 while in possession of inside information. Mr Schlosser was ordered to forfeit the profit of $28,883.53 to the Commonwealth.
Good News & Bad News, page-25924
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