Treasure Global Inc Form4 Filing Shows CEO Teo Chong Chan Bought 121,802 Shares At An Average Price Of $0.83/Share
Portfolio Pulse from Happy Mohamed
Treasure Global Inc's CEO, Teo Chong Chan, has purchased 121,802 shares at an average price of $0.83 per share, according to a recent SEC filing.
July 31, 2023 | 3:55 pm
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POSITIVE IMPACT
The CEO of Treasure Global Inc has increased his stake in the company, which could be seen as a sign of confidence in the company's future prospects.
Insider buying is often seen as a positive sign as it indicates that those with the most insight into the company's workings believe its stock is undervalued. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100