BCN 3.85% 2.7¢ beacon minerals limited

Insider trading charges against both the former BCN Project Manager and the former Competent Person, page-13

  1. 983 Posts.
    lightbulb Created with Sketch. 505
    Looks like the leaky boat theory stood up ........ it felt like it in 2017 and like that for a while. If anything no company news at the moment.

    He could pay the fine with just the last dividend payment or sell some of $4m in shares he owns to pay the fine.

    Rep damage and hire (directorship) prospects are probably the bigger hit for the two guys. Maybe jail time?

    BCN will still kicking goals and this may even give us some media interest. Still happy with management.

    This behaviour still goes on in the market and it will never go away, that is why they are always looking.
    https://hotcopper.com.au/data/attachments/3201/3201257-688a107b2722aaf7c57ef79fa026cac5.jpg
    https://hotcopper.com.au/data/attachments/3201/3201260-97ab583f7c771ec429084bfa997789d7.jpg
 
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