Calima Energy Ltd
OTC:CLMEF
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We don't have any information about CLMEF's insider trading.
Calima Energy Ltd
Glance View
Calima Energy Ltd. operates as an oil and gas exploration company. The company is headquartered in Leederville, Western Australia. The company went IPO on 2006-07-28. The firm is pursuing the exploration and development of oil and natural gas assets in the Western Canadian Sedimentary Basin. The firm is developing oil plays at Brooks and Thorsby in southern and central Alberta, Canada through Blackspur Oil Corp. The company also holds an undeveloped Montney acreage position in northeastern British Columbia, Canada. The Montney Formation in the Western Canadian Sedimentary Basin extending approximately 130,000 square kilometers from north-east British Columbia to north-west Alberta. Blackspur Oil Corp and Calima Energy Inc are subsidiaries of the Company.
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.
