Latest filing published 11 Sept 2017 for Bacanora Minerals Ltd., €2.4M.
Donald Ian George Layman Strang discloses dealings in Bacanora Minerals Ltd. to SEDI. Over a trading history stretching from 22 May 2014 to 8 September 2017, the count stands at 9 filings.
In open-market terms, that means 2 purchases worth €3.1M on one side and 4 sales worth €4.3M on the other. Sales outweigh purchases by €1.2M. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. In 2017 alone, the filings show no purchases and 4 sales.
The latest filing, published on 11 September 2017, reports an open-market sale of €327k in Bacanora Minerals Ltd. The last purchase on record was published on 19 September 2016, which is 3,687 days ago. Typically, a trade is published a median of 4 days after it takes place. Until a filing is published, the market cannot know about the trade. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. Source: insider filings from SEDI. Past trades are no guide to future returns.
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