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Tesco Share Sale: Iffy Or What?!
I hope that this will be properly investigated by the relevant authorities.
http://www.bbc.co.uk/news/uk-16558551
Surely there must have been some form of disclosure just prior to the sale?
Or is the senior exec involved just psychic, particularly in the field of impending doom?
http://www.bbc.co.uk/news/uk-16558551
Surely there must have been some form of disclosure just prior to the sale?
Or is the senior exec involved just psychic, particularly in the field of impending doom?
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"The supermarket giant said it was confident that its UK chief operating officer had not possessed any price-sensitive information at the time the sale was approved."
If the Chief Operating Officer of a major company did not know, three days before a profits warning, what the contents of that warning would be and its likely effect on the share price, he was not doing his job properly.
If the Chief Operating Officer of a major company did not know, three days before a profits warning, what the contents of that warning would be and its likely effect on the share price, he was not doing his job properly.
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