That's just wrong.
It's more of a telling sign when there's insider buying as this is a clear positive signal regardless.
But selling is something entirely different. People sell for so many reasons, i.e. personal financial needs, maybe their renovating a house, they need liquidity..could be ANYTHING. That's why it's never a true indicator of their thoughts on the company, as opposed to buying. I've seen directors sell off millions worth and then the sp shoot up 2 weeks later - they're unrelated.
IMO any way, but you'll find that's a general rule.
That's just wrong.It's more of a telling sign when there's...
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Last
6.2¢ |
Change
-0.002(3.13%) |
Mkt cap ! $83.23M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.4¢ | 6.0¢ | $69.33K | 1.132M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 49910 | 1 |
View Market Depth
| Last trade - 15.45pm 16/05/2024 (20 minute delay) ? |
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Last
6.3¢ |
Change
-0.002 ( 5.00 %) |
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| Open | High | Low | Volume | ||
| 6.0¢ | 6.3¢ | 6.0¢ | 379683 | ||
| Last updated 14.45pm 16/05/2024 ? | |||||
| ALC (ASX) Chart |