Insider Ownership Of Eco (Atlantic) Oil & Gas Insider Ownership Of Eco (Atlantic) Oil & Gas
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
Our information suggests that insiders maintain a significant holding in Eco (Atlantic) Oil & Gas Ltd.. Insiders own CA$33m worth of shares in the CA$254m company. It is great to see insiders so invested in the business. It might be worth checking if those insiders have been buying recently.
https://simplywall.st/stocks/ca/energy/tsxv-eog/eco-atlantic-oil-gas-shares/news/what-kind-of-shareholders-own-eco-atlantic-oil-gas-ltd-cveeog-2/