Management seem to think they understand the sell off is justified by answering 'yes' to the first question. So while the BFS might be positive, obviously it is going to fall short of expectations and possibly those that knew the result up front might have bailed out prior to release.
But difficult to prove insider trading unless ASIC are eavesdropping on all comms.
My **guess** is the BFS will be positive, but will be released with a cap raising plan to sophs only.
JAL Price at posting:
17.0¢ Sentiment: None Disclosure: Held
