Bullish Orpheus Uranium Insiders Loaded Up On AU$1.08m Of Stock

Share Source: Shutterstock Multiple insiders secured a larger position in Orpheus Uranium Limited ( ASX:ORP ) shares over the last 12 months. This is reassuring as this suggests that insiders have increased optimism about the company’s prospects.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for Orpheus Uranium Orpheus Uranium Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by insider Paul Pheby for AU$980k worth of shares, at about AU$0.05 per share. That means that even when the share price was higher than AU$0.045 (the recent price), an insider wanted to purchase shares. It’s very possible they regret the purchase, but it’s more likely they are bullish about the company. To us, it’s very important to consider […]

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