Spitfire Oil Insider ownership
What is the Insider ownership of Spitfire Oil?
The Insider ownership of Spitfire Oil Limited is 13.40%
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 LSE compared to Spitfire Oil
What does Spitfire Oil do?
Spitfire Oil Limited does not have significant operations. Previously, the company was involved in producing fuels and distillates from the Salmon Gums Lignite deposits located in Western Australia. The company was founded in 2007 and is based in Perth, Australia.
Companies with insider ownership similar to Spitfire Oil
- Sigilon Therapeutics has Insider ownership of 13.36%
- RCI Hospitality Inc has Insider ownership of 13.36%
- Adial Pharmaceuticals has Insider ownership of 13.37%
- PCSB Corp has Insider ownership of 13.38%
- Orange SA has Insider ownership of 13.40%
- Gour Medical SA has Insider ownership of 13.40%
- Spitfire Oil has Insider ownership of 13.40%
- 1911 Gold has Insider ownership of 13.40%
- Troy Resources has Insider ownership of 13.42%
- Gray Television has Insider ownership of 13.42%
- SiQ Mountain Industries has Insider ownership of 13.42%
- Marathon Patent has Insider ownership of 13.42%
- China Creative Digital Entertainment has Insider ownership of 13.43%