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The recent 15% drop in Redbubble Limited's (ASX:RBL) stock could come as a blow to insiders who purchased AU$1.3m worth of stock at an average buy price of AU$1.74 over the past 12 months. Insiders invest with the hopes of seeing their money grow in value over time. However, as a result of recent losses, their initial investment is now only worth AU$513k, which is not what they expected.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish...
>>> Read more: As Redbubble Limited's market cap (ASX:RBL) drops to AU$195m, insiders might be questioning their decision to buy earlier this year
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish...
>>> Read more: As Redbubble Limited's market cap (ASX:RBL) drops to AU$195m, insiders might be questioning their decision to buy earlier this year
