The rules are pretty clear, if you have sensitive information not yet available to the public, and it has the ability to affect the shareprice, then you are insider-trading.
Proof of whether someone knew anything is the difficult thing to prove, but you would safely assume a director would know.
Cheers
- Forums
- ASX - General
- insider trading question
insider trading question, page-8
Featured News
Featured News
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online