08-11-2005, 05:16 AM
[code]Insider Dealing is acting upon information that is not publicly available[/code]
Incorrect.
you can forecast information that is publicly not available and on that basis make investment decisions. Such an exercise is not insider dealing.
example you see vodafone directors jetting off to china. You immeidately work out that they are not going for holidays instead there is a potential deal in the pipeline. on that basis you move your investment portfolio around and it materialises. Now the information was not public and no insider dealing happened.
insider dealing cant be generalised but I believe what sajjad dar wrote is quite reasonable.
Incorrect.
you can forecast information that is publicly not available and on that basis make investment decisions. Such an exercise is not insider dealing.
example you see vodafone directors jetting off to china. You immeidately work out that they are not going for holidays instead there is a potential deal in the pipeline. on that basis you move your investment portfolio around and it materialises. Now the information was not public and no insider dealing happened.
insider dealing cant be generalised but I believe what sajjad dar wrote is quite reasonable.
