Market abuse · Question 12 of 12
A shareholder reads the ad hoc announcement of a takeover offer at 14:05 and buys more shares at 14:10. Which statement is correct?
1 answer is correct. Hard
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Answer
- C This is permitted because the information has been published
Explanation
With publication, the information is available to all market participants. Anyone who trades afterwards no longer uses an information advantage. By that time, however, the price has usually already absorbed the news.