East Resources Insider ownership
What is the Insider ownership of East Resources?
The Insider ownership of East Energy Resources Limited is 92.72%
What is the definition of Insider ownership?
Insider Ownership is calculated as the total number of shares owned by insiders (shareholders who own more than 5% of the corporation or an officer or director of the company) divided by the total Shares Outstanding.
A high value of insider ownership means that those working for the company have a large stake in the success of the company. This is sometimes seen as a sign that those running the company will work hard to ensure its success or believe the company's stock price will rise.
A change in insider ownership may come from exercise of option, stock grant and buying or selling of company shares. A purchase of company share signifies a confidence in the company's future performance by people who know the company best. Therefore, Net Insider buying is also an important indicator for investors.
Insider ownership of companies in the Energy sector on ASX compared to East Resources
What does East Resources do?
East Energy Resources Limited operates as a coal exploration and development company in Australia. It holds a 100% interest in the Blackall project that consists of three main coal resource areas in three tenements located in the Eastern Eromanga Basin in central Western Queensland. The company was founded in 2007 and is based in Perth, Australia. East Energy Resources Limited is a subsidiary of Maylion Pty Ltd.
Companies with insider ownership similar to East Resources
- Sioen Industries NV has Insider ownership of 92.57%
- SA Multimicrocloud has Insider ownership of 92.60%
- United Overseas Australia has Insider ownership of 92.60%
- Aquis Entertainment has Insider ownership of 92.64%
- Responsive Industries has Insider ownership of 92.67%
- Baumart has Insider ownership of 92.72%
- East Resources has Insider ownership of 92.72%
- International Paper APPM has Insider ownership of 92.73%
- Elfato has Insider ownership of 92.75%
- MSP Steel & Power has Insider ownership of 92.75%
- Resource Development has Insider ownership of 92.82%
- Billion Industrial has Insider ownership of 92.84%
- Fonciere Vindi Societe Anonyme has Insider ownership of 92.85%