Boab Metals Ltd
ASX:BML
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Boab Metals Ltd
Glance View
Boab Metals Ltd. engages in the exploration and development of mineral resource properties. The company is headquartered in Perth, Western Australia. The company went IPO on 2004-07-15. The firm is focused on base and precious metals exploration and development. The firm's segments include Australia and Colombia. The firm is focused on developing the Sorby Hills Lead-Silver-Zinc Joint Venture Project in Western Australia. The firm owns a 75% interest in the Joint Venture with the remaining 25% interest held by Henan Yuguang Gold & Lead Co. Ltd. Its project Sorby Hills is located approximately 50 kilometers from the regional canter of Kununurra in the East Kimberley.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
