Insider Hank standing shareholders of FPC expensive. Scandal The company has lost nearly a third of the market capitalization, or 800 million.
On Tuesday closed biometrics company share of nearly 46 crowns. The morning after the price fell 8 percent share before trading was halted at 12:01 since it became known that one of the company’s former directors, who is also a major shareholder, had been arrested on suspicion of gross insider abuse.
On Thursday, Hank grew further when, before the stock market opening, said that even president Johan Carlstrom suspected of serious insider dealing. The news brought the shares to plummet another 34 percent to just over 29 dollars during the day.
Today, Friday, the stock has recovered somewhat and was at 15:30 o’clock up more than 8 percent to SEK 32.
In the three trading days have FPC shareholders lost more than 30 percent of market capitalization – or just over 800 million.
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