Bullish Global Lithium Resources Insider Buying Worth AU$1.09m Yet To Pay Off

Simply Wall St.09-16

The recent price decline of 10% in Global Lithium Resources Limited's (ASX:GL1) stock may have disappointed insiders who bought AU$1.09m worth of shares at an average price of AU$0.46 in the past 12 ...

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Insiders invest with the hopes of seeing their money grow in value over time. However, as a result of recent losses, their initial investment is now only worth AU$411.3k, which is not what they expected.While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.See our latest analysis for Global Lithium Resources. Global Lithium Resources Insider Transactions Over The Last Year","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","GL1.AU":"Global Lithium Resources Limited","BK7504":"锂钴概念","BK7507":"资源股"},"translate_title":"看涨全球锂资源内部人士价值109万澳元的买入尚未得到回报","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GL1.AU":0.9},"content_text":"The recent price decline of 10% in Global Lithium Resources Limited's (ASX:GL1) stock may have disappointed insiders who bought AU$1.09m worth of shares at an average price of AU$0.46 in the past 12 months. Insiders invest with the hopes of seeing their money grow in value over time. However, as a result of recent losses, their initial investment is now only worth AU$411.3k, which is not what they expected. \n While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares. \n See our latest analysis for Global Lithium Resources \n Global Lithium Resources Insider Transactions Over The Last Year \n In the last twelve months, the biggest single purchase by an insider was when Executive Director Dianmin Chen bought AU$684k worth of shares at a price of AU$0.36 per share. That means that an insider was happy to buy shares at above the current price of AU$0.17. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. The only individual insider to buy over the last year was Dianmin Chen. \n Dianmin Chen bought 2.35m shares over the last 12 months at an average price of AU$0.46. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction! \n\n\n\n  ASX:GL1 Insider Trading Volume September 15th 2024\n \n\n There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. \n Insider Ownership \n Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Global Lithium Resources insiders own 15% of the company, worth about AU$6.9m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders. \n What Might The Insider Transactions At Global Lithium Resources Tell Us? \n There haven't been any insider transactions in the last three months -- that doesn't mean much. On a brighter note, the transactions over the last year are encouraging. Overall we don't see anything to make us think Global Lithium Resources insiders are doubting the company, and they do own shares. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Global Lithium Resources. Every company has risks, and we've spotted 4 warning signs for Global Lithium Resources (of which 2 are a bit unpleasant!) you should know about. \n Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. \nFor the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.\nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"Shareholding Changes","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2467856785"}