UPDATE: Will be get our long awaited breakout yet?Sun International has been a roller coaster of a ride.
Been swinging between R38.00 and R42,50.
Well, lately we've seen higher lows, and the price keeps touching the top.
It's like hitting thin ice. Eventually it'll break up and out.
So, let's see what it does.
UPDATE:
Over the past year, the most notable insider purchase was made by CEO & Executive Director Anthony Leeming, who bought shares valued at R2.2 million, priced around R36.42 each.
While insider purchases are generally a positive sign, it's important to note that this significant buy was made at a price considerably lower than the current price of R41.70.
This lower purchase price suggests that it may not provide much insight into whether insiders currently see the stock as a good value.
During the last year, insiders at Sun International have been buying shares but haven't sold any.
The insider transactions for the past year, including purchases by both companies and individuals, are illustrated in the provided chart.
For detailed information on the transactions, including specifics on who sold shares, the sale amounts, and the timing, you're encouraged to check the chart directly.
