Simco Services Inc.

Simco Services Inc. is a declared insider of Iconic Minerals Ltd., with filings sourced from SEDI. In total, 10 filings cover trades dated from 15 February 2017 to 28 December 2017.

In open-market terms, that means 2 purchases worth €6,496 on one side and 6 sales worth €447k on the other. Netting one side against the other leaves €440k of net selling. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket.

Most recently, on 28 December 2017, the filings show a transaction worth €166k in Iconic Minerals Ltd. The last insider purchase was made public on 18 September 2017, 3,326 days ago. Filings reach the SEDI feed a median of 2 days after the trade. That lag is the time during which only the insider knows about the trade. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. These figures are compiled from regulatory filings published by SEDI. They describe what insiders did and are not a recommendation.