NAB 1.08% $19.19 national australia bank limited

insider trading definition

  1. 683 Posts.
    If a director sells 130,000 shares (see appendix 3Y on November 5) and then there is a trading halt for a new issue a few days later for a lazy $2billion dollars, would it be unfair to assume he knew about this pending capital raise or is $2billion too small for a director to know about....

    Just wondering when the definition of insider trading kicks in.....can anyone enlighten me ??????
 
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