Amman Mineral Shares Surge Amid Insider Sale Disclosure

Significant Price Movement

Shares of PT Amman Mineral Internasional Tbk (AMMN) experienced a significant surge of 14.64% on January 6, 2026, closing at Rp 8,025 per share by 11:59 WIB. This substantial price movement occurred following the company's disclosure that one of its significant shareholders had made a large sale of shares.

Insider Sale Details

The sale was made by Alexander Ramlie, who is not only a major shareholder but also serves as one of AMMN's commissioners. According to the company's transparency report, Ramlie sold 67.65 million shares at a price of Rp 6,200 per share. The total value of the transaction amounted to Rp 419.19 billion.

Market Reaction

The market reacted positively to the news, with AMMN's share price increasing significantly despite the large sale by a company insider. This reaction suggests that investors may view the sale as a minor event compared to other factors driving the stock's value.

Implications

The sale by a commissioner and significant shareholder like Alexander Ramlie can have various interpretations by market participants. While it might be seen as a negative signal in some contexts, the immediate market reaction indicates that other factors are currently driving the stock's performance. Investors are likely considering the company's fundamentals and market position in the mining sector.