Galan Lithium Ltd
ASX:GLN
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Getinge AB
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Galan Lithium Ltd
Glance View
Galan Lithium Ltd. engages in the mineral exploration, acquisition and evaluation. The company is headquartered in Perth, Western Australia. The company went IPO on 2011-06-08. The firm is primarily focused of exploring and developing is its lithium brine projects located in the Hombre Muerto Basin in Argentina. The firm holds six projects totaling around 25,000 hectares in the neighborhood for lithium brines. Its operating projects include Hombre Muerto West and Candelas Project in Argentina and Greenbushes South project in Australia. The Hombre Muerto West project is comprised of four concession. Its Greenbushes South project comprises of one exploration license, E70/4629, which covers an area of approximately 43 kilometer (km) square. E70/4629 is approximately 15kms to the south of the Greenbushes mine.
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.
