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Iluka Resources Limited (ASX:ILU) insiders who purchased shares in the last 12 months were richly rewarded last week. The stock climbed by 4.7% resulting in a AU$218m addition to the companyâs market value. As a result, their original purchase of AU$191k worth of stock is now worth AU$244k.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
View our latest analysis for Iluka Resources
The...
>>> Read more: Insiders who bought Iluka Resources Limited (ASX:ILU) last year must be regretting not buying more as market cap hits AU$4.9b
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
View our latest analysis for Iluka Resources
The...
>>> Read more: Insiders who bought Iluka Resources Limited (ASX:ILU) last year must be regretting not buying more as market cap hits AU$4.9b
