Mad Paws Holdings Ltd
ASX:MPA
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Mad Paws Holdings Ltd
Glance View
Mad Paws Holdings Ltd. operates as a holding company with interest in providing pet care services through its online marketplace sitting, walking, day care and grooming. Mad Paws has built a technology focused online marketplace platform that provides pet owners with a user-friendly experience. The firm's marketplace offers pet owners easy and convenient access to a range of pet walking, pet sitting, and pet care services through its community of approximately 19,000 pet service providers registered on the Mad Paws marketplace. Its pet care services include At sitter's home, At pet’s home, Dog sitting, Cat sitting, Puppy sitting, Rabbit sitting, Guinea Pig sitting, House sitting, Pet day care, Bird sitting, Dog grooming, Dog training, Dog kennels and Dog boarding. The firm operates in one segment: Pet Services Market in Australia. Its pet sitting cities include Sydney, Melbourne, Brisbane, Perth, Adelaide, Canberra, Gold Coast, Newcastle, Geelong, Bendigo, Toowoomba and Hobart.
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.