Nelson Resources Ltd
ASX:NES
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We don't have any information about NES's insider trading.
Nelson Resources Ltd
Glance View
Nelson Resources Ltd. engages in the exploration and development of natural resources company. The company is headquartered in Perth, Western Australia. The company went IPO on 2017-12-07. The firm's projects include the Woodline Project, Tempest Project, Fortnum Project and Yarri Project. The Woodline Project is located approximately 170-kilometer (km) South-East of Kalgoorlie and 110km Northeast of Norseman. The Tempest Project lies approximately 250km East-South-East of Kalgoorlie and 230km North-East of Norseman. The Fortnum Project is located within the Peak Hill Mineral Field, 140km north-west of Meekatharra and approximately 14km southwest of the Fortnum Mining center, in the locality of Billara Bore. The Yarri Project lies approximately 160km North-East of Kalgoorlie and is located 40km North of Saracen Minerals’ Carosue Dam Operations and 9km West of its Red October haul road.
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.