I have some random thoughts on this matter maybe it doesn’t even make sense but here it goes:
- I’m sure lot of corporate house do this sell things after making products from their listed cos resources or have a sister concerned co from which they source things at higher prices and other sort of manipulations. I’m surprised that it came out so easily
- How come such a big co who must’ve been hustle their entire company life wasn’t able to settle this issue? I’m sure they must’ve encountered such things in the past and tackled it. This practise must’ve been going on for a while! Most cos usually clean up post listing (at least I hope to believe so)
- How come no such disclosure is out officially from the companies end?
Could it be an episode of dump and pump?
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