Ok so we have share price up 40% and trading volume up some 500-1000% on averages, *the day before* the big announcement that explains the movement in share price. It's stark obvious that some people knew the information before the general public and traded on this information, and they simply respond with 'we don't know why the movement in price, blah blah'. Why don't ASX trace the transactions to whoever was buying the shares pre-emptively and bust some insider trading chops? Am I missing something here, isn't it a big deal when people are found to be insider trading? Or am I missing something - is it remotely possible that the movement was all a result of above-board trading?
response to asx query re share price
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