Assume You Are the Financial Manager for a Company

Assume you are the financial manager for a company.It has come to your attention that a competitor will soon make a takeover bid for your company.The offer is likely to include a substantial premium on the current share price.What is the effect of buying shares in your company today?

A) You stand to lose money if the share price falls.
B) Other market participants might get a 'hint' of the takeover bid.
C) You could make a profit when the takeover bid was made.
D) You would commit an offence under the Corporations Act 2001.