So directors can effectively ensure that short selling of their own shares occurs, at the direct expense of their own shareholders, and the ASX is ok with that?
The only thing worse than the fact it can happen, is that these directors obviously chose to do so during the June p & d.
I sincerely hope they weren't involved this time around. Especially considering the fact that the same directors called a trading halt within a day of the SS announcement. That would surely breach insider trading laws??
As with this whole saga, I guess all will be revealed tomorrow. I am surprised the release wasn't today as the tech stuff was surely available to the company at the same time as they announced the results of the SS to the market.
Suspension tomorrow? Who knows. Still no financials for the quarter?
Milesy
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