If you remove the insider trading aspect of the claim, and instead just go with misleading announcements, it will be brought up that after selling out you then bought back in at 15c only to sell out again at 20c.
the defence will no doubt want to know why you bought back if you thought Beppa were worth less than last traded price.
just working out your actual loss will be a nightmare because you traded in and out. that 15c-20c trade must offset the losses somewhat.
i'll be interested to see how it turns out and it will set a precedence for future cases. what timeframe would you be looking at? does it tend to drag out?
cheers
BBI Price at posting:
3.6¢ Sentiment: None Disclosure: Not Held
