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Insiders who acquired AU$4.2m worth of Alcidion Group Limited's (ASX:ALC) stock at an average price of AU$0.34 in the past 12 months may be dismayed by the recent 13% price decline. Insiders invest with the hopes of seeing their money grow in value over time. However, as a result of recent losses, their initial investment is now only worth AU$2.2m, which is not what they expected.
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical...
>>> Read more: As Alcidion Group Limited (ASX:ALC) drops to AU$222m market cap, insiders might rethink their AU$4.2m stock purchase earlier this year
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical...
>>> Read more: As Alcidion Group Limited (ASX:ALC) drops to AU$222m market cap, insiders might rethink their AU$4.2m stock purchase earlier this year
