An insider buying 10% of the company would drive the price up, their are probably not enough sellers available at the moment to allow them to buy 10%.
IF they wanted to realize the profit they would have to sell and the price would drop back down again even if their was enough buyers.
They probably would not make a profit using that short term trade,.. the company is to small by market cap and like Brookside ASX:BRK not enough liquidity.
The insider might have to report to the ASX once they had brought 5%.
Ann: Canadian Operations Update - Expect Production to Sales- Oct, page-64
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.159M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 129866 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 100000 | 1 |
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| Last trade - 16.12pm 11/07/2024 (20 minute delay) ? |
| SHE (ASX) Chart |
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