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Last week, Growthpoint Properties Australia (ASX:GOZ) insiders, who had purchased shares in the previous 12 months were rewarded handsomely. The shares increased by 4.9% last week, resulting in a AU$115m increase in the company's market worth. Put another way, the original AU$141k acquisition is now worth AU$142k.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
Check out ou...
>>> Read more: Insiders who bought into Growthpoint Properties Australia (ASX:GOZ) earlier this year might wish they'd invested more as stock gained 4.9%
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
Check out ou...
>>> Read more: Insiders who bought into Growthpoint Properties Australia (ASX:GOZ) earlier this year might wish they'd invested more as stock gained 4.9%