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Borneo Resource Investments (NASDAQ:BRNE) CFO Ronald Scott Chaykin sold 50,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $0.20, for a total transaction of $10,000.00. Following the transaction, the chief financial officer now directly owns 825,000 shares in the company, valued at approximately $165,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Borneo Resource Investments (NASDAQ:BRNE) traded down 2.22% on Wednesday, hitting $0.44. 4,000 shares of the company’s stock traded hands. Borneo Resource Investments has a 52 week low of $0.08 and a 52 week high of $0.70. The stock’s 50-day moving average is $0.5 and its 200-day moving average is $0.3. The company’s market cap is $32.7 million.

Borneo Resource Investments Ltd (NASDAQ:BRNE) is an aggregator of natural resource concession assets in Indonesia.

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