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Insiders who acquired AU$661k worth of SomnoMed Limited's (ASX:SOM) stock at an average price of AU$2.29 in the past 12 months may be dismayed by the recent 11% price decline. Insiders buy with the expectation to see their investments rise in value over a period of time. However, recent losses have rendered their above investment worth AU$437k which is not ideal.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical...
>>> Read more: Insiders who purchased this year lose AU$224k as SomnoMed Limited (ASX:SOM) stock drops to AU$1.52
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical...
>>> Read more: Insiders who purchased this year lose AU$224k as SomnoMed Limited (ASX:SOM) stock drops to AU$1.52
