If enough investors complain ASIC might take action. It wont get your money back but atleast the people involved will be made accountable and pay for their actions.
Who pays for directors lawyers? is it shareholder funds? maybe a cap raising soon.
One thing to remember is the trading pattern is only obvious in hindsight. Otherwise everyone would have picked up on it and sold before the TH.
The most damning thing for directors is answering YES to the asx price/volume queries.
insider trading confirmed, page-39
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.20M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 51000 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.12pm 22/11/2024 (20 minute delay) ? |
| JAL (ASX) Chart |
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