EMP 0.00% 3.2¢ emperor energy limited

Timing of Announcements Query!

  1. 1,256 Posts.
    On the 20th of September it was announced that PPT had reduced its holding in EMP to 6.2 million shares.
    On the 26th of September they announced that PPT had reduced holding to a point where it no longer was a major shareholder.
    The problem that I have is that it wasnt until the next day or two that 4,000,000 shares were traded at 66c and it appears to me that this was the sale (after the announcement). If it wasn't the sale they had announced then the lead up to the announcement did not have enough volume to correlate with 6,000,000 shares being sold in the week between the announcments.
    Is this legal. ie. Can they annouce prior to them selling that they have already sold?
watchlist Created with Sketch. Add EMP (ASX) to my watchlist
(20min delay)
Mkt cap ! $7.196M
Open High Low Value Volume
3.2¢ 3.2¢ 3.2¢ $3.04K 95K

Buyers (Bids)

No. Vol. Price($)
1 50000 3.1¢

Sellers (Offers)

Price($) Vol. No.
3.2¢ 70000 1
View Market Depth
Last trade - 13.52pm 28/06/2022 (20 minute delay) ?
0.000 ( 0.00 %)
Open High Low Volume
3.2¢ 3.2¢ 3.2¢ 44666
Last updated 13.30pm 28/06/2022 (live) ?
EMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.