REGULATION

Ex-Nova, Cohiba chairman charged with insider trading

THE personal reasons alluded by Nova Minerals and Cohiba Minerals to explain the sudden departure of both explorers’ chairman, Avrohom Mordechai (Avi) Kimelman, recently became clear yesterday when the St Kilda East businessman was charged with insider trading.

Ex-Nova, Cohiba chairman charged with insider trading

The Australian Securities and Investments Commission alleges that between April 13 and May 5, 2016, shortly before Kimelman was elevated from CEO to managing director of then-technology-focused Quantum...

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