Since 2019, Keras Resources is facing serious declines in its share prices. In March 2020, it hit the record low price at 0.0700 GBP. In 2021, the price is still remaining low. Over the last 2 years, the share price didn’t go over 0.1830 GBP. On the 13th of July, it opened at 0.0950 GBP and closed at 0.0925 GBP, decreasing by 7.50% compared to the previous close. The total volume exceeds the average volume by 9 million GBP.
The Founder of the company, Russell Lamming, did the` biggest sale over the last year. The total money worth 50k GBP, the price for each share 0.0011GBP.
When insider selling is unfavourable, we believe that it is worse if the shares are sold at a lower price. Given that the transaction occurred at the current price, we are a little bit cautious. Russell Lamming was the only insider who sold shares in the previous 12 months. Russell Lamming, who sold the shares was also the largest buyer that worth 56k GBP shares. Insiders paid 56k GBP for 48.57 million shares last year, which is good news. On the other side, they sold 45.58 million shares for 50,000 GBP. Keras Resources insiders bought more than they sold in the previous twelve months.
Finance and Business reporter
After graduating high school. Lora decided to travel and blog as a part-timer. Today she enjoys what she loves and works remotely as our finance and business reporter