KNF to investigate Petrolinvest's recent share price rise
On the bear market the oil company rose by 15.1 percent while over the last
three days it went up by 22 percent.
The KNF believes somebody may have taken advantage of confidential information about new investors, which was only officially announced on Tuesday evening. "We will check to see if there are connections between the sides of the transaction and persons who had access to the information," said Łukasz Dajnowicz of KNF.
Sources: Parkiet, The Wall Street Journal Polska (K.K.)
three days it went up by 22 percent.
The KNF believes somebody may have taken advantage of confidential information about new investors, which was only officially announced on Tuesday evening. "We will check to see if there are connections between the sides of the transaction and persons who had access to the information," said Łukasz Dajnowicz of KNF.
Sources: Parkiet, The Wall Street Journal Polska (K.K.)
