Beament sells into a rising market, leaving others to sell when it falls

Bill Beament’s massive insider selling unnerves Northern Star’s investors and shareholders. Beament is privy to fiscal information that will likely affect investments in the company, putting shareholders at a disadvantage. Northern Star’s Executive Chairman is selling into a soaring market.

Beament is likely cashing out as Northern Star is heavily overcapitalised. Has Beament foreseen major loss in the value of his Perth-based gold mining company and is looking to jump ship?

Beament deserts his ship

With inside information, Beament has consistently dumped his shareholdings. It is forecast that Northern Star’s share price will drop because of bad management decisions from Beament, increasing costs, and falling gold resources

Beament has been offloading his shares in Northern Star Resources over the past two years, and he appears to be on the roll, selling further in a bull market. Beament’s holdings took a plunge after he has sold down 70% of his holdings in Northern Star from 10,589,712 shares down to 3,141,793. 

His massive sell-offs give rise to the suspicion that he has been cashing out, taking advantage of a hype gold market with unsustainable market capitalisations. 

Shareholders follow Beament’s lead, selling into a bear market

While Beament sells into a rising market, other shareholders that continue to hold in Northern Star will sell into a bear market, where share prices fall and are expected to plummet. Beament’s deceptive conduct and massive selling of shares spur concerns from market insiders, employees, partners and shareholders. 

The key factors affecting Northern Star’s value, such as Beament’s poor judgment decisions, falling gold resources, and increasing costs, are precursors of the company taking a downturn and the share price taking a nosedive. Existing shareholders are well-advised to exit their holdings before they lose value.

Featured

One Comment

  1. Its such as you read my thoughts!
    You appear to grasp so much approximately this, like
    you wrote the e-book in it or something. I feel that you simply can do
    with a few % to drive the message house
    a bit, but instead of that, this is
    great
    blog. A fantastic read.
    I will definitely be back.|
    I visited various web pages but the audio quality for audio songs present at this website is truly superb.|
    Hello, i read your blog occasionally and i own a similar one and i was just
    wondering if you get a lot of spam remarks? If so how do you prevent it, any plugin or
    anything you can suggest? I get so much lately it?s driving
    me insane so any assistance is
    very much appreciated.|
    Greetings! Very helpful advice within this post!

    It?s the little changes that will make the largest changes.
    Thanks for sharing!|
    I seriously love your blog.. Great colors & theme. Did you develop
    this website yourself? Please reply back as I?m trying to create my own website and would like
    to know where you got this from or exactly what the theme
    is named. Thank you! https://www.entreprisesjosemelo.ca

Leave a Reply

Your email address will not be published. Required fields are marked *