Woodbois Ltd
LSE:WBI
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We don't have any information about WBI's insider trading.
Woodbois Ltd
Glance View
Woodbois Ltd. engages in the production, processing, manufacture, and supply of African hardwood and hardwood products. The firm operates machinery in the forms of harvesting, sawmill and veneer equipment. Its operating divisions includes forestry, trading and head office. The firm is focused on agriculture and forestry through its operations in Gabon, Mozambique, Denmark. Its products include lumber, veneer and blockboard. Its sawn lumber is used for a variety of purposes including doors, windows and frames, decking, flooring, housing construction, railway sleepers, cabinet making, furniture and interior finishes. Its veneers are used in the production of plywood for the construction and boat-building industries. Its blockboard is used within Africa in the construction space.
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.