Orpheus Uranium Limited (ASX:ORP) insiders who bought shares over the past year were rewarded handsomely last week. The stock rose 41%, resulting in a AU$6.6m rise in the company’s market capitalisation, translating to a gain of 136% on their initial investment. As a result, the stock they originally bought for AU$1.12m is now worth AU$2.64m.
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.
See our latest analysis for Orpheus Uranium
Orpheus Uranium Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when insider Paul Pheby bought AU$980k worth of shares at a price of AU$0.05 per share. Even though the purchase was made at a significantly lower price than the recent…
