Running discussion on SP, page-6415

This site can get real scary sometimes

Do you have any idea how many laws a coy director would be braking if he/she was working in conjunction with, facilitating or orchestrating TO bid of YOUR!!! company without market knowledge ? ....
Not to mention the fact that everyone including any coy director knows that selling 50% of his/her shares would place considerable downward pressure on sp and thereby that director would affectively be wantonly manipulating price for the betterment of this fictitious bidder ...ergo.. One hell of a big NO NO

Knock ya self out on the basics
https://download.asic.gov.au/media/4107420/rg9-published-7-december-2016.pdf
just a quick taste whats inside

1. (a) the acquisition of control takes place in an efficient, competitive and informed market;
2. (b) the holders of shares or interests, and the directors of the company or body, or the responsible entity:
   1. (i) know the identity of any person who proposes to acquire a substantial interest in the company, body or scheme;
   2. (ii) have a reasonable time to consider the proposal; and
   3. (iii) are given enough information to enable them to assess the merits of the proposal;