Chesser Resources Ltd
ASX:CHZ
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We don't have any information about CHZ's insider trading.
Chesser Resources Ltd
Glance View
Chesser Resources Ltd. operates as an exploration company, which engages in the exploration, evaluation, development and investments in gold and base metals properties. The company is headquartered in Brisbane, Queensland. The company went IPO on 2007-05-29. The firm has discovered three gold projects at its flagship Diamba Sud Project in eastern Senegal. The Diamba Sud Project is located in eastern Senegal and within the eastern portion of the Kedougou-Kenieba inlier area of West Africa. The Diamba Sud Project covers approximately 53.2 square kilometers (km2). The Company’s Diamba Nord Project consists of two exploration tenements totaling approximately 242 km2 and is located in eastern Senegal. The firm hold interest in two exploration licenses, which include Morichou and Bondala. The Morichou license is located approximately 35 kilometers from the Sabodala Shear Zone on the Mako Belt. The Bondala license Project is located approximately 12 kilometers southwest of Barrick’s Loulo mine and over 7 kilometers west of Barrick’s Gounkoto mine, both across the border in Mali.
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.