Eneco Refresh Ltd
ASX:ERG
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During the last 3 months Eneco Refresh Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 6% over this period (open performance analysis).
The last transaction was made on Aug 5, 2019 by Chiau Thuan Teh , who sold 3.3k AUD worth of ERG shares.
During the last 3 months Eneco Refresh Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 6% over this period (open performance analysis).
The last transaction was made on Aug 5, 2019 by Chiau Thuan Teh , who sold 3.3k AUD worth of ERG shares.
Eneco Refresh Ltd
Glance View
Eneco Refresh Ltd. manufactures and sales bottled water and filtration systems. The company is headquartered in Perth, Western Australia. The company went IPO on 2006-03-29. The firm is engaged in production and distribution of bottled water and accessories and the rental of water coolers. The company also markets plastic products. The company has three wholly owned subsidiaries Refresh Waters Pty Ltd, Refresh Plastics Pty Ltd and Eneco Australia Pty Ltd and in turn is a subsidiary of the Eneco group of companies, Japan. Its Refresh Waters Pty Ltd is engaged in production and distribution of bottled water, coolers and filtration systems. The company is the producer of distilled drinking water in Australia, and also supplies water for commercial and industrial use. Refresh Plastics Pty Ltd offers a range of plastic bottles, containers and jars for the beer, wine and beverage industries. The company also produces water tanks, caravan tanks, jerrycans, watering cans and vehicle parts. Its Eneco Australia Pty Ltd is a distributor of Eneco Holding’s Plasma Fusion and Plasma R Hydrogen Gas for Australia and New Zealand.
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.
