According to the story in the weekend australian, the insider trading syndicate , including Nelson Chen, transferred $US 1 million out of Hanlong to top up their insider trading scheme at Bannerman. So if they were happily milking their own company, what would stop them from milking Moly?
Mr Chen's investigation is only currently suspended. Mr Chen is currently out of the country. China? Will he return?
How can someone like that be allowed to head up an Australian company?
I am only basing the above comments on information provided by the weekend australian.
MOL Price at posting:
12.0¢ Sentiment: None Disclosure: Held
