here is the link to theage news, page-16

mmm.. went back to read ann

"Completion of the Placement is expected within 5 business days, at which time FMG will become a new substantial shareholder with circa 18.0% of OBL. All matters are subject to formal contract finalisation and are not binding until then."

missed that one... obviously a leak and then they had to put the ann out

i think ASIC are far more concerned by the ann of a deal and no follow up ann as to how negotiations are going. Than insider trading - seems to be insider trading every day and they do nothing about it - so why would they start now.

still waiting..