In June, shares in Integrated Research lost almost a fifth of their value in three trading days despite no announcements from the company. So the ASX, as it tends to, asked what was up.
More specifically, it asked the performance management software company whether it had any information, unannounced to the market, which if known to some might have led to the price fall. To which the company's corporate secretary, David Purdue, gave a curt "no", in a response explicitly authorised by the board.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
