Sino Agro Food Inc (fka SIAF)

[snow]

ks

To me it seems hard to decide what is inside information in some cases. "(1) “Inside information” means any information of a precise nature relating to financial instruments, the issuers thereof or other circumstances which has not been made public and is not commonly known in the market and which is likely to have a significant effect on the price of those financial instruments or of related financial instruments.

(2) “Information of a precise nature” means information which indicates circumstances that exist or may reasonably be expected to come into existence or an event that has occurred or may reasonably be expected to occur and which is specific enough to enable a conclusion to be drawn as to the possible effect of those circumstances or that event on the price of the financial instruments or related financial instruments.

(3) “Information likely to have a significant effect on the price of financial instruments or of related financial instruments” means information of the kind which a reasonable investor would be likely to use as part of the basis of his investment decisions."

My impression based on the above is that the definition is quite wide. I agree that in the current circumstances for instance information that relates to the share count may be regarded as inside informaion and that for instance Nisse may not buy or sell shares if he has such information.