In theory, the company should be announcing everything of...

  1. 459 Posts.
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    In theory, the company should be announcing everything of significance about the company in ASX Anns. So a fund manager could talk to the company CEO all he liked, and learn nothing new. In practice, fund managers cultivate special relationships with companies. And they pay big money for special research. So yeah, it's cheating. Whether it could be prosecuted under the insider trading legislation, would depend on ASIC being willing to do so. I wouldn't hold my breath.
 
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