GNE - Genesis Energy

[peat]

I feel you would be safe to post here but respectfully have to leave it to you

I would tend to think that he has already breached the rules, by acting on what he has described as inside information.
Its even possible that people acting on his information could also be in trouble, though thats a bit vague because they dont know what the actual information is

[kiwico]

I would have thought posting on a public forum information that should be known would be the opposite to insider trading.

But a public forum very likely followed only by a minority of shareholders. It would likely be deemed to be insider trading unless advised to NZX.

[macduffy]

But a public forum very likely followed only by a minority of shareholders. It would likely be deemed to be insider trading unless advised to NZX.

..... and by an authorised officer of the relevant company?

[Jantar]

I would tend to think that he has already breached the rules, by acting on what he has described as inside information. ....

No. I traded before certain events occurred, and only on knowledge that was available to the general public about lake levels etc.

[Joshuatree]

Really appreciate your posting from the Dam face so to speak Jantar. Certainly helped me understand the Gentailers a little deeper.

[Marilyn Munroe]

A useful site for spot electricity prices;

https://www1.electricityinfo.co.nz

Boop boop de do
Marilyn

[peat]

No. I traded before certain events occurred, and only on knowledge that was available to the general public about lake levels etc.

thats good to hear Jantar.

[fish]

A useful site for spot electricity prices;

https://www1.electricityinfo.co.nz

Boop boop de do
Marilyn

looks easier than wits free to air-which recently changed so i cant see lake levels and comparitive yearly monthly levels
Thanks.
The real question to be asked is which companies do well with spot prices looking high until the spring?

[fish]

No. I traded before certain events occurred, and only on knowledge that was available to the general public about lake levels etc.

So I guess you sold meridian?

[Onion]

So I guess you sold meridian?

If selling some of the generators is a smart move why are they all trading above their 50/100/200 moving averages? Is it that the CERTAIN drop just hasn't happened yet?

And why would selling Meridian in particular be clever?