PDN 0.15% $13.17 paladin energy ltd

Insider Trading Reort filed with ASIC

  1. 378 Posts.
    Hey all - had about enough of this so have sent (along with emails to PDN and ASX yesterday) the following email to ASIC. This is a travesty if allowed to occur with certain people and companies "in the know". Suggest if you have the time to follow suit - what a disgraceful example of insider trading. Hope they pursue...

    Insider Trading for shares involved for Paladin Energy
    (ASX Code PDN). There was a massive dump of shares
    yesterday (I believe the biggest in the companies history)
    with no announcement or news released publicly. As
    expected there was an announcement released this
    morning which has obviously been known about by
    a number of parties without the full disclosure to the
    public. The announcement related to the delay in a
    strategic investment by a Chinese partner. I would
    strongly recommend that this be investigated thoroughly,
    in particular the companies/individuals that were
    involved in the significant parcels sold off yesterday.
    In fact there was a 15M share parcel sold after market
    close which had a direct effect of dropping share price
    from 9 cents per share to the intra day low of 8.3 cents
    per share. Whilst I am a consumer and a shareholder I
    feel very aggrieved that this blatant example of insider
    trading is allowed to function in the Australian market.
    I implore you to look at the trading patterns, individuals
    and companies involved in addition to Paladin Energy
    Board who would have been privy to this market sensitive
    news in advance to today's announcement. Thanks in
    advance on behalf of all shareholders for PDN and on the
    ASX. This is required to ensure integrity maintained in a
    market that is stained by this behaviour and perhaps may
    be a deterrent to not only this company and individuals involved.
 
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Last
$13.17
Change
0.020(0.15%)
Mkt cap ! $3.937B
Open High Low Value Volume
$13.29 $13.39 $13.04 $23.61M 1.782M

Buyers (Bids)

No. Vol. Price($)
2 7662 $13.16
 

Sellers (Offers)

Price($) Vol. No.
$13.18 22798 2
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Last trade - 16.10pm 04/07/2024 (20 minute delay) ?
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