NXS 2.44% 21.0¢ next science limited

i should have listened, page-27

  1. 876 Posts.
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    Re the embargo on share purchases.

    Typically when a firm (investment bank etc) is engaged to assist in some form of corporate dealings with a company its employees are not allowed to trade in the stock of the company they are dealing with.

    Many investment firms limit their employees ability to buy/sell shares by having a 'black list' of stocks they cannot purchase. This may be because of the above reason or because the firm itself is investing in the stocks.

 
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