The share price of natural-gas tilted Kiwetinohk Energy Corp. KEC-T has been hitting new all-time highs after the company announced a business strategy review on June 23. The review focuses on potential opportunities including an exit from its power business. Since June 24, five insiders have spent $1.1-million buying shares in the public market. The 56,192 shares were purchased at an average price of $20.36. A recent purchase took place on July 2 when senior officer Janet Annesley bought 2,350 shares at $21.26.
The Globe and Mail
Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.