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Insiders who bought Champion Iron Limited (ASX:CIA) in the last 12 months may probably not pay attention to the stock's recent 6.5% drop. After accounting for the recent loss, the CA$232k worth of shares they purchased is now worth CA$277k, suggesting a good return on their investment.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
Check out our latest analysis for Champion Iron
Champion I...
>>> Read more: Even with Champion Iron Limited (ASX:CIA) stock down 6.5% this week, insiders who bought recently netted around CA$45k
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
Check out our latest analysis for Champion Iron
Champion I...
>>> Read more: Even with Champion Iron Limited (ASX:CIA) stock down 6.5% this week, insiders who bought recently netted around CA$45k
