Ansell's trading update for FY23 and FY24 sent shares down over 10% yesterday. The catalyst was a negative trading update out of the personal protection equipment maker - but was the update really as bad as the share price decline suggested?
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ASX companies that use either the calendar year or July 1-June 30 year as their financial year are currently in blackout periods. What is the big deal about this?
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What is a blackout period?
A…
