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OZ Minerals Limited (ASX:OZL) insiders who bought shares over the past year were rewarded handsomely last week. The stock rose 3.1%, resulting in a AU$261m rise in the company's market capitalisation. In other words, the original AU$223k purchase is now worth AU$237k.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
Check out our latest ...
>>> Read more: Insiders who bought OZ Minerals Limited (ASX:OZL) last year must be regretting not buying more as market cap hits AU$8.8b
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
Check out our latest ...
>>> Read more: Insiders who bought OZ Minerals Limited (ASX:OZL) last year must be regretting not buying more as market cap hits AU$8.8b