Insiders Find Solace Selling AU$5.6m In Stock With Astron’s Price Down 29%
Insiders at Astron Corporation Limited (ASX:ATR) sold AU$5.6m worth of stock at an average price of AU$0.40 a share over the past year, making the most of their investment. After the stock price dropped 29% last week, the company’s market value declined by AU$42m, but insiders were able to mitigate their losses.
Although we don’t think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
Astron Insider Transactions Over The Last Year
The MD,…
