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Last week, Orica Limited (ASX:ORI) insiders, who had purchased shares in the previous 12 months were rewarded handsomely. The shares increased by 4.6% last week, resulting in a AU$272m increase in the company's market worth. Put another way, the original AU$300k acquisition is now worth AU$421k.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
Check out our latest analysis for Orica
The Last...
>>> Read more: Had insiders known Orica Limited (ASX:ORI) would hit AU$6.2b they might have invested more last year
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
Check out our latest analysis for Orica
The Last...
>>> Read more: Had insiders known Orica Limited (ASX:ORI) would hit AU$6.2b they might have invested more last year
