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Friday, June 26, 2020 3:06:33 PM
Those following along with THC Biomed Intl Ltd. (CSE:THC) will no doubt be intrigued by the recent purchase of shares by John Miller, Chief Executive Officer of the company, who spent a stonking CA$800k on stock at an average price of CA$0.15. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 21%.
See our latest analysis for THC Biomed Intl
THC Biomed Intl Insider Transactions Over The Last Year
In fact, the recent purchase by John Miller was the biggest purchase of THC Biomed Intl shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, at around the current price, which is CA$0.15. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for THC Biomed Intl share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was John Miller.
John Miller purchased 5.83m shares over the year. The average price per share was CA$0.16.
https://finance.yahoo.com/news/chief-executive-officer-thc-biomed-114753142.html
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