RE: Spiked18 Aug 2025 18:50
No need to apologise im always glad to recieve constructive criticism as it helps you learn more in life.
I see your point but not sure I fully agree and I actually think the devil is in the detail with this kind of charge.
A director of a company is always going to have inside information, so does this mean he/she can never make a trade as it would become insider trading. No
The problem with insider trading charges is usually a very specific trade made at a very specific point then also sold instantly after a rise.
I guess an example i will give is if the COO had just bought ordinary shares before the rns release maybe days prior. Then after the release sold it all after a spike in SP.
The reporting process of any trade made is very crucial as you have publicly announced your trade ie nothing to hide. This can actually protect you quite alot even if you did do a tip off trade.
Most insider trading charges get applied to people that have tipped others off on inside information especially in regard to that specific buy and sell point.
Or the person doing it ie what we are speaking about does not report that trade a director.
The exact example of what has just happened with the trades made by the COO is why it is not insider trading it was all reported and accounted for.
Bottom line for me is, insider trading charges are not easily proven they are also for most western countries under prosecuted in courts ie the charges don't usually stick.