Salt Lake Potash Insider Transactions Over The Last Year

Salt Lake Potash Insider Transactions Over The Last Year

The Chairman Ian Middlemas made the biggest insider purchase in the last 12 months. That single transaction was for AU$1.4m worth of shares at a price of AU$0.50 each. That means that an insider was happy to buy shares at above the current price of AU$0.37. Their view may have changed since then, but at least it shows they felt optimistic at the time. 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.

https://finance.yahoo.com/news/know-salt-lake-potash-limited-222638964.html