LYC 0.78% $7.76 lynas rare earths limited

As Chairman, NC's 16% of Forge was bought/issued at 20 Cents per...

  1. 704 Posts.
    As Chairman, NC's 16% of Forge was bought/issued at 20 Cents per Share, and cost him 800 Thousand dollars, He then made a decision/proposal as CEO of Lynas to sell to Forge solely.

    Forge shares jumped to One Dollar twenty cents - (his 16% of shares then worth 4,800,00 Dollars) a 500 Percent paper profit.

    Is this insider trading, as he knew what was ahead for Forge in advance?.
 
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