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    The Last 12 Months Of Insider Transactions At IOUpay


    Over the last year, we can see that the biggest insider purchase was by insider Eng Tan for AU$151k worth of shares, at about AU$0.039 per share. We do like to see buying, but this purchase was made at well below the current price of AU$0.14. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.


    Insider Ownership

    For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that IOUpay insiders own 25% of the company, worth about AU$14m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
    So What Does This Data Suggest About IOUpay Insiders?

    The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Insiders likely see value in IOUpay shares, given these transactions (along with notable insider ownership of the company). While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision.


    Full article: 5 hours ago https://finance.yahoo.com/news/comfort-insider-transactions-ioupay-limited-230417016.html
    Last edited by jbr055: 07/10/20
 
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Mkt cap ! $37.48M
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3.1¢ 3.7¢ 3.1¢ $159.2K 4.883M

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1 5305 3.3¢
 

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Price($) Vol. No.
3.5¢ 304130 3
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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