Fox Marble Holdings PLC
LSE:FOX
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SZSE:000937
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Fox Marble Holdings PLC
Glance View
Fox Marble Holdings Plc engages in the exploitation of marble quarry reserves. The firm is focused on the extraction and processing of dimensional stone from quarries in Kosovo and South East Europe. Approximately four of the Company's quarries are in operation at Cervenilla, Syrigane, Malesheva and Prilep producing over nine varieties of stone. In total approximately 10,700 tons of marble is extracted from these quarries. The company is exploiting Cervenilla quarry across approximately three separate locations (Cervenilla A, B and C), from which red, light and darker grey marble is produced. The quarry at Syrigane site contains a range of the multitonal breccia and callacatta type marble. The Malesheva quarries contain a mixture of Cremo Olta marble, Illirico Bianco marble and Illirico Selene marble. The Prilep quarry contains the white Sivec marble.
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.
