RE: Quadrivio/Azimut14 Feb 2021 12:15
The only risk in my mind is a leak, so certain people would have that info in advance of others...so for instance you could get ready to sell immediately on restoration or arrange funds to immediately buy, depending on the news. As I said, I know quite a lot about the rules in this area but am unsure of this technicality...working from the point that you must still stuck to the rules, strictly there should be no delay to any rns (so when making a judgement about whether something would shift the sp and so merit an rns, there is an implied ‘if the share were trading normally’ in the rules?) But as I say, I can’t imagine the FCA taking the time to act on an apparent breach like this if net effect is there was no leak so no disorderly market.