Odessa Minerals Ltd
ASX:ODE
We don't have any information about ODE's insider trading.
Odessa Minerals Ltd
Glance View
Odessa Minerals Ltd. operates as a diamond exploration company with a focus on diamond discovery. The company is headquartered in Sydney, New South Wales. The firm holds 15 exploration license and has 90% interest in the Aries Project, Ellendale Project, Calwynyardah Project, Noonkanbah Projects and Aries Extension Project which are located in the Kimberley region of Western Australia and are highly prospective for diamonds. The Aries Project consists of granted exploration licence EL 80/5027 and exploration licence applications ELA 80/5117, ELA 80/5685, ELA 80/5686 and ELA 80/5687. The company is located in the central Kimberly region of Western Australia, approximately 300 kilometers (km) west of Derby. The Ellendale Project is located in the Permian Fitzroy Trough. The Calwynyardah is located approximately 75 km West of Fitzroy crossing. The Noonkanbah Projects comprises of five exploration license applications ELA 04/2694, ELA 04/2704, ELA 04/2705, ELA 04/2707 and ELA 04/2719.
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.
