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Re: kanonman post# 50

Tuesday, 08/02/2022 9:58:03 AM

Tuesday, August 02, 2022 9:58:03 AM

Post# of 160
In the last twelve months, the biggest single purchase by an insider was when Director David Neal bought US$150k worth of shares at a price of US$4.35 per share. That means that an insider was happy to buy shares at above the current price of US$0.84. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.
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Total Trades:
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