Insider / Advance Notice

VENTRACOR LIMITED (VCR)  20-August-2003

 

Ventracor Limited activities include research, development, manufacture and marketing of a range of cardiac technology services and products. VCR appeared on the Insider News Radar on Wednesday, 20 August 2003 at 11:15am. The following day before trading began VCR made an announcement about a Broker and Analyst Presentation. The next day the stock rose 23% from the first alert and then gained another 17% the following day.

A week later a placement $33.75 million placement was announced. In the absence of other news, there may have been a leak on Wednesday morning concerning the deal.

Despite best efforts to the contrary, leaks are inevitable, especially when multiple parties are involved. It is possible that someone with access to the information will trade on this knowledge and may set the tone for the market by their actions. Insider News detects unusual activity as it occurs, providing traders with new opportunities.


 
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