Redco Properties Group’s Insiders’ Timely Sale May Have Helped Mitigate 13% Dip in Share Price

Insiders seem to have made the most of their holdings by selling CN¥8.4m worth of Redco Properties Group Limited (HKG:1622) stock at an average sell price of CN¥0.062 during the past year. The company’s market worth decreased by HK$43m over the past week after the stock price dropped 13%, although insiders were able to minimize their losses

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.

Redco Properties Group Insider Transactions Over The Last Year

The…

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