Cullen Resources Ltd
ASX:CUL
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Cullen Resources Ltd
Glance View
Cullen Resources Ltd. is a mineral exploration, which explores the deposits of gold, nickel, tungsten, copper, uranium and iron ore either in its own right, or managed by other partners in joint ventures. The company is headquartered in Perth, Western Australia. The firm is engaged in seeking deposits of gold and base metals, either in its own right, or managed by other partners in joint venture (JVs). The Company’s mineral exploration activities including project generation, database reviews, field mapping, soil sampling and drilling. The firm through its wholly owned subsidiary Cullen Exploration Pty Ltd, holds exploration tenements and applications in several mineralised regions in Western Australia, which includes North Eastern Goldfields, Western Australia (Mt Eureka JV- gold and nickel), Eastern Goldfields, Western Australia (Killaloe JV- lithium), Wongan Hills, Western Australia (gold and base metals), Murchison Province, Western Australia (North Tuckabianna gold and base metals), Bromus South, Western Australia (gold and base metals) and Barlee, Western Australia (gold).
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.