Seanad debates

Friday, 18 December 2009

Companies (Miscellaneous Provisions) Bill 2009 [Seanad Bill Amended by the Dáil]: Report and Final Stages

 

12:00 pm

Photo of Feargal QuinnFeargal Quinn (Independent)

I indicated that I wanted to speak because I understand the challenge faced by the Minister of State in this respect. When this legislation was proposed I wondered how he would sort it out. As he has explained it so well, I do not need to touch on it. The highest price and the lower price of shares must be published on the date of purchase. If there were a number of purchases of a share on a day, the list of prices of that share would make it almost incomprehensible to read, but what is proposed, as the Minister of State has explained, is suitable and acceptable to the market.

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