Seeing all the informed traders increasingly dump stock on to retail buyers as the time for a price sensitive announcement approaches. It's a joke to see ASIC go on about how great a job they do with insider trading after Lukas Kamay was caught by the AFP. When contacted by the brokers involved ASIC's response was that it wasn't their problem to deal with.
It's too bad for retail share holders that have bought recently that this company would be too small for the ambulance chasers go after unlike they did with Leighton Holdings.
"
Leighton to pay $70m compensation over investor class action
...
Last year, Maurice Blackburn alleged in a Federal Court class action that Leighton Holdings was aware of the losses months before it announced the write-downs.
The law suit alleged that the company had engaged in misleading and deceptive conduct and should have disclosed the adverse news in 2010, well before the April 2011 announcement."
like watching a slow motion train wreck
Add FWD (ASX) to my watchlist
 (20min delay)
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Last
$1.47 |
Change
-0.020(1.35%) |
Mkt cap ! $137.9M | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.50 | $1.47 | $30.73K | 20.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 1775 | 1 |
View Market Depth
| Last trade - 15.34pm 09/07/2024 (20 minute delay) ? |
| FWD (ASX) Chart |