RE: Tariq's poor timing and poor strategy.6 Jul 2023 11:42
I am afraid you are not that wise with the way of the world just because it would be illegal , unprofessional , career suicide etc does not stop folks acting stupidly when money is involved as we have seem time and time again…getting caught is the problem. If it was not recorded or minuted properly at the time then why would anyone be dismissed? If the evidence is such that one party admitted that things were said on that call then it might not be a straight forward situation. I doubt anyone made inside would simply put their hand up and say fair cop guv yes i dealt when i was inside or for that matter any member of the board admitting to divulging inside information either as both offences would be criminal. So just dismissing a call that nobody denies took place , that was without question a highly inappropriate and unnecessary communication ahead of a price sensitive rns 7 hours later should be properly explained and hopefully will be investigated..these things do not happen in days ! Though it should start with knowing what was the point of such a scheduled call at such a time when the company was finalising heads of terms? Was it social ? Was it just to say that there would be an rns in the money with no detail..easy to do at that time of night…no it was to have a conversation…why??
I really don’t think we have seen the last of this particular point..it seems key to unpicking the relationship with the senior board members..and how cosy the board members were with these shareholders. We will see.