AFP may pursue Gay
Former Gunns chairman John Gay could be pursued for the profits of his insider trading of the failed timber company's shares. The Australian Federal Police has received a referral and is considering whether an investigation is warranted. Gay was fined $50,000 in August for trading about $3 million worth of Gunns shares.
Former Gunns chairman John Gay could be pursued for the profits of his insider trading of the failed timber company's shares. The Australian Federal Police has received a referral and is considering whether an investigation is warranted. Gay was fined $50,000 in August for trading about $3 million worth of Gunns shares.
Want access to our latest research and new buy ideas?
Start a free 15 day trial and gain access to our research, recommendations and market-beating model portfolios.
Sign up for free