the pla paradox, page-5

The selling you refer to continued even after the ASX query on the 5th oct ,and right up to and after the announcement by PLA on the 13th Oct relating to the sacking of Redpath .
A large portion of this selling was by people "in the know ".
It is incredulous that 24 hours after the sacking ,-management then announced the appointment of a new contractor . The stock should have been placed in suspension untill the issue of cotractors was resolved ,-so as to protect the interest of all shareholders ,not just the ones "in the know "
Does the ASX care about insider trading ?- of course they dont !.
Investors expect management to comply with the rules of the ASX relating to price sensitive,confidential information . In this case management replied to the ASX with a contemptuous NO/NO/NA/NO to all queries relating to the decline of the share price on increased volume .