Djs end of FY is end July not end June. I seem to remember part of the bonus structure is dependent on outperfoming their peers. (so if they are down 40% and peers down 45% they are doing ok). I dont know what date a snapshot is taken of the comparisons..but I doubt it is 30th June.
So I think the board is in the clear. Also the spike was after June options expiry so that would make those with large June options positions in the clear also.
I guess it was just a bungled joke.
However what is REALLY WEIRD is why the board did not request a trading halt for all Friday. They seem to have had a bit of a trigger finger for requesting halts this year..so to not do so on Friday when such big (and blurry) news was out does seem unfortunate.
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