Here's one for the ASX.
Not only do Director's interests need to be notified (& the Top 20) but also notification of Director's interests (& Top 20) of those shares that may or have been loaned out to 3rd parties.
The question for shareholders and fellow Directors would then be why?
I hold NM in the innocent party list for the moment however this would ensure as proper board governance that he checks with his broker if this is possible (I'm sure in his mind he loaned his shares as collateral to purchase more shares on margin, only to realise other parties were using his shares to drive the price down even further - kind of defeats the purpose).
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- guys ... get this straight
Here's one for the ASX.Not only do Director's interests need to...
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