If they were trading on the knowledge of unannounced information, wouldn't that amount to insider trading?
Not trying to pick a fight, but I don't think that SP holding up on low volume is necessarily a good thing....especially if the company is buying back its own shares with money that had been raised as working capital?
I have my doubts about the CST on the Gold Coast, the new state government appears to be stonewalling ASF, whilst at the same time, Port of Brisbane has announced plans to expand their current capabilities to take in the bigger cruise ships. The environmental impacts do not yet seem to be fully understood and there is a significant amount of resistance from locals.
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- Raise money for working capital, then buy back shares??
If they were trading on the knowledge of unannounced...
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