Cue Energy Resources Ltd
ASX:CUE
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We don't have any information about CUE's insider trading.
Cue Energy Resources Ltd
Glance View
Cue Energy Resources Ltd. engages in the exploration, development and production of oil and gas. The company is headquartered in Melbourne, Victoria. The Company’s segment includes Australia, New Zealand and Indonesia. Its Australia segment, through its wholly owned subsidiary, Cue Exploration Pty Ltd, holds exploration permits in the Carnarvon Basin, Offshore Western Australia. Its New Zealand segment, through its wholly owned subsidiary, Cue Taranaki Pty Ltd, holds 5% interest in petroleum production property, PMP38160 (Maari) in Tarnaki Basin, New Zealand. Its Indonesia segment, through its wholly owned subsidiary, Cue Sampang Pty Ltd, holds 15% interest in gas production property in East Java Basin, Indonesia (Sampang). The company also holds interest in exploration permits in East Kalimantan, through Cue Mahakam Hilir Pty Ltd and Cue Kalimantan Pte Ltd and in Central Sumatra, through Cue Mahato Pty Ltd.
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.