WOW so you would be saying the broker or major holder about to participate has been given the tip ( rather than guessed) the timing of TIS raising and has created a range . WOW imagine that as it would be insider trading and ASIC and ASX would be all over it. Would never happen in the Australian market as we have a level playing field, great regulation. IMO the bot was a seller - I wonder if that very seller will get part of this issue. As good as a short sell and then you get a discount on issue and end up with same holding but some pocket money and your quarterly numbers look better. nah- that would never happen in Australia as we are to well regulated and if it was so obvious the compliance chimps would be all over it!!!! If we could just get the chimps out of the bar !! Ha ha
What we have in compliance ( I try and only use this once a year and it couldn't be more fitting and it is only Feb)
What we need in compliance
TIS Price at posting:
29.0¢ Sentiment: None Disclosure: Held