Quote:by Algol
Before the EI IPO Micko was asked if he'd like to buy EI. He said 'I wouldn't touch it with a barge pole'.
Quote: Recedo
A statement required of him as saying anything else would be deemed by Stock Exchange as interfering in an IPO.
Required?
Oh don't make me laugh!
He might have said "No comment".
Or "No".
Or "Maybe".
Or "I'm not decided".
Or "Up Cork".
Or any number of other clever, witty, and non committal responses.
In fact I'd be very surprised if you can show me any stock market reg anywhere that requires you to lie outright in public. Go ahead and amaze me! You can DO IT!
Show me where in any stock market regs it requires a stock buyer to mention barge poles?
Where does it say a buyer must lie if asked about their desire to purchase stocks?
Remember, at this stage that's all he was, a prospective investor. He had no more seniority than any other investor - the shares had not been floated at the time he was asked that question.
Woof Woof.