Mincon Group PLC
F:MIO
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Zhejiang Nhu Co Ltd
SZSE:002001
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Haci Omer Sabanci Holding AS
IST:SAHOL.E
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We don't have any information about MIO's insider trading.
Mincon Group PLC
Glance View
Mincon Group Plc is a global engineering company, which engages in the design, manufacture, and trade of drilling tools and equipment. The company is headquartered in Shannon, Clare and currently employs 594 full-time employees. The company went IPO on 2013-11-26. The firm distributes precision engineered hard rock drilling tools for a range of industries, including mining, exploration, waterwell, geothermal, construction, horizontal directional drilling, oil-gas and energy. The company operates through the business unit that sells drilling equipment, primarily manufactured by its manufacturing sites. The company offers five product lines: conventional down the hole (DTH) product; reverse circulation (RC) DTH product; horizontal directional drilling (HDD) product; rotary drilling product, and tungsten carbide product. Its products include DTH hammers, RC hammers, HDD pilot hammer systems, rotary products, DTH drill bits, Drilling Fluids, HDD Pull Reaming Hammer and HDD support equipment. In addition, the Company, through its subsidiary, Marshalls Carbide Ltd, manufactures tungsten carbide powder.
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.