Das Shane Radbone
Monday, 21 December 2009
ALLIED BRANDS TARGETED IN ASIC CRACKDOWN ON INSIDER TRADING
Allied Brands Ltd. (ABQ) routinely has "suspicious" trading patterns prior to their so-called major announcements being made to the market.
THIS IS ONE EXAMPLE
This has included a sharp sell-off prior to their profit collapse - a collapse the company was denying in public and in press releases just prior to the announcement.
The ASIC today has announced a crackdown on such rogue trading practices.
READ THE NEWS
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