Insiders who bought Growthpoint Properties Australia (ASX:GOZ) in the last 12 months may probably not pay attention to the stock's recent 4.2% drop. Even after accounting for the recent loss, the AU$160k worth of stock purchased by them is now worth AU$192k or in other words, their investment continues to give good returns.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying...
>>> Read more: Growthpoint Properties Australia (ASX:GOZ) may have lost AU$131m in value but insiders who invested last year have seen gains of around AU$32k to date
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying...
>>> Read more: Growthpoint Properties Australia (ASX:GOZ) may have lost AU$131m in value but insiders who invested last year have seen gains of around AU$32k to date
