ASIC should be investigating AJ for insider trading.
1. He sold large share parcels during company buy back, maximising his return. He would have known if and when future buy backs were planned and planned his selling accordingly. The May buy back was extended into June, just coincidentally when AJ needed cash for his new pad.
2. He sold shares whilst certainly knowing QF was being investigated by the ACCC and that the investigation and potential fines would be market sensitive information.
Come on ASIC, do your job!
Last edited by The The; 4th Sep 2023 at 03:12.