Monday, July 22, 2013

Some share purchaser with uncanny timing made $500 grand on the PNG Resettlement Arrangement - Michael Smith News

Some share purchaser with uncanny timing made $500 grand on the PNG Resettlement Arrangement - Michael Smith News

I have a confidential source who tells me that people within the Department of Immigration were talking about Decmil as the successful tenderer 3 weeks before the 2 July announcement to the exchange.   One further piece of information that a fully informed market for Decmil shares might consider is the further announcement by Kevin Rudd that the Manus Island Detention Centre capacity will increase from the 600 bed facility that will be built under the current $150M+ contract with Decmil to a 3,000 bed facility.   It will be interesting to see who and whose broker knew that decision was coming.
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