Here’s our weekly look at which ASX small cap directors bought or sold their own stock:

Three small cap directors reported sales last week: Jumbo Interactive chief Mike Veverka, Terry Dodd at Sealink Travel and Envirosuite boss Robin Ormerod.

Jumbo runs lotteries and Mr Veverka must have felt like he’d won one after collecting a $1 million payday.

He exercised 150,000 options, paying $4 for each new share, and then sold 260,000 shares for $6.39.

>> Scroll down for a table of recent ASX small cap director trades

Mr Ormerod agreed to part with $350,000 of stock to two of his colleagues.

Envirosuite directors had a dabble last week after producing annual results that included a 72 per cent drop in revenue to $4.5 million and a wider loss.

Envirosuite last year sold a consulting division that made 80 per cent of its money to focus on environmental management software. They reckon they’re doing ok, hitting a $3 million recurring revenue target.

The stock surged in July to 10c as the company revealed a $10 million investment from institutional investors.

Mr Dodd’s latest sale was of 49,777 shares. It’s the fifth time he’s sold since 2016 (he’s bought once in that period) and it finally takes him out of the substantial shareholder register.

He has made a total of $2.9 million over the last two years.


The most active mining executive in director trades was back: Reward Mineral’s Michael Ruane spent $1.5 million in a rights issue.

Last week Mr Ruane told Stockhead there was no major reason behind his constant buying other than a belief that the potash play’s stock is cheap.

Printer equipment seller CSG’s Tom Cowan and Mark Baylis also sank a fair chunk of cash into a cap raise, spending $1.2 million and $210,227 respectively on an $18 million rights issue.

The raising was to recapitalise the company after falling printer sales led to a company-wide strategic review.

The company’s full year loss blew out by 65 per cent to $105 million and it has $62.5 in cash and debt available.

Matador Mining director Grant Davey was trading again. He lifted his stake in the company to 2.7 million. A few weeks ago he received a $9.5 million windfall at one of his other companies, Boss Resources, when he sold to institutional investors.

There were somer ten other large trades above $100,000 last week.

Among those, the only people to buy on market were Valmec’s Stephen Zurhaar, PolyNovo’s Bruce Rathie, Collection House’s Leigh Berkley and Thorney Opportunity fund boss Alex Waislitz.

Mr Waislitz owns 29 per cent of the listed fund after topping up last week.

Indago Energy’s Stephen Mitchell, Otto Energy’s John Jetter, and Bronwyn Barnes, chairperson of Indiana Resources, bought into capital raisings.

Ms Barnes fought off a disgruntled shareholder late last year to turn the company into a Mali-focused gold explorer this year.

The chairman of global water tech business Fluence, Richard Irving, and Jervois Mining director Stephen van der Sluys exercised options to bump up their shareholdings.

Administrative oversights

It being the final week of reporting season, we only picked up one “administative oversight” last week.

Copper Strike (ASX:CSE) offere “administrative oversight” as the reason for director Harry Hatch’s notice being lodged a month late.

“The company notes that the notice was not lodged within the requisite time frame due to an administrative oversight,” Copper Strike said in an ASX announcement. “The notice was prepared and lodged as soon as practicable once the company became aware of the oversight.”

Copper Strike’s only asset is a shareholding in Syrah Resources.

Here is a list of recent ASX small cap director trades:

Swipe or scroll to reveal the full table. Click on headings to sort. Best viewed on a desktop or laptop

ASX codeCompanyDirectorChangeDateVolume$ ValueWhereTotal holdings controlled
SRGSRGDavid MacgeorgeBuyAugust 222.3m0Convert performance rights3.6m
LEXLefroy ExplorationGordon GaltBuyAugust 23200,00032000Share placement2.9m
LEXLefroy ExplorationWade JohnsonBuyAugust 23350,00056000Share placement6.7m
LEXLefroy ExplorationGeoffrey PigottBuyAugust 23250,00040000Share placement2.9m
CL1ClassChristopher CuffeBuyAugust 2220,00043883On market30,000
EMLEML PaymentsMelanie WilsonBuyAugust 2240,00071960On market40,000
GTEGreat Western ExplorationKevin SomesBuyAugust 20 and 215.1m36184On market59.3m
IDAIndiana ResourcesBronwyn BarnesBuyAugust 211.7m$105,121Entitlement offer4.4m
INKIndago EnergyStephen MitchellBuyAugust 171.8m133200Rights issue9.9m
MRLMayur ResourcesPaul MulderBuyAugust 248,5055598On market50.3m
ORNOrion MineralsDenis WaddellBuyAugust 236.8m250000Approved by shareholders109.7m
PGMPlatina ResourcesJohn AndersonBuyAugust 24104,34011999On market104,340
PNVPolyNovoBruce RathieBuyAugust 24318265170812On market3.1m
RWDReward Minerals Michael RuaneBuyAugust 248.3m$1.5mRights issue58.6m
SVSSunvest CorporationBruce BurrellBuyAugust 231333359On market299,201
SXYSenex EnergyRalph CravenBuyAugust 2234,00015810On market355,000
SXYSenex EnergyTrevor BourneBuyAugust 2250,00022750On market502,619
TNGTNGGreg DurackBuyAugust 23300,00039042On market300,000
UBNUrbanise.comJohan StraussBuyAugust 261.61m47978On market1.61m
TRMTruscott MiningPeter SmithBuyAugust 22 and 2455,000896On market31.7m
TOPThorney OpportunitiesAlex WaislitzBuyAugust 20231,596$155,864On market59.3m
CYGCoventry GroupNeil CathieBuyAugust 2718,86525524On market256,823
EAREcho ResourcesSimon CoxhellBuyAugust 22-24137,93120000On market217,931
EVSEnvirosuiteRobin OrmerodSellAugust 284.8m360000Off market46.5m
EVSEnvirosuiteDavid JohnstoneBuyAugust 281.345m100875Off market3.1m
EVSEnvirosuiteAdam GallagherBuyAugust 28250,00018750Off market602,941
FGFFirst Growth FundsAnnosh ManzooriBuyAugust 2845m0Milestone shares60m
GCSGlobal Construction ServicesVincenzo GullottiBuyAugust 271.35m0Convert performance rights5.9m
MCPMcPherson'sGraham CubbinBuyAugust 24 and 2750,00083041On market200,000
RACRace OncologyPeter MolloyBuyAugust 2745,0006373On market4.165m
AGEAlligator EnergyGregory HallBuyAugust 28600,0006021On market3.1m
CAICalidus ResourcesDavid ReevesBuyAugust 282m67061On market16.5m
CGSCogstateRichard MohsBuyAugust 2425,00018100On market55,000
CLHCollection HouseAnthony RivasBuyAugust 2830004400On market6690
CLHCollection HouseLeigh BerkleyBuyAugust 2867,500101256On market71,200
DEVDevex ResourcesRichard HackerBuyAugust 24900,0005400On market10m
DEVDevex ResourcesTim GoyderBuyAugust 24-276.3m37412On market269.3m
FLCFluence CorpRichard IrvingBuyAugust 271m350000Exercise options37.3m
HGLHGLJulian ConstableBuyAugust 2881183409On market6.6m
MEAMcGrathAndrew RobinsonBuyAugust 2352,63119999On market52,631
MYEMastermyne GroupJulie WhitcombeBuyAugust 2332,00044000On market32,000
,ZZMatador MiningGrant DaveyBuyAugust 22-291.12m303727On and off market2.7m
IMEImExHSHoward DigbyBuyAugust 286m25000Fees and capital raising7.6m
POSPoseidon NickelChris IndemaurBuyAugust 2419.1m0Convert performance rights24.2m
POSPoseidon NickelDavid SingletonBuyAugust 243.7m0Convert performance rights12.6m
SILSmiles InclusiveDavid HerlihyBuyAugust 27 and 2824,75023160On market524,750
TPWTemple & WebsterConrad YiuBuyAugust 2750,84149976On market6.1m
VMXValmecStephen ZurhaarBuyAugust 28641,680$173,026On market18.6m
XAMXanadu MinesAndrew StewartBuyAugust 27137,00019865On market4.3m
XAMXanadu MinesDaryl ClarkBuyAugust 23200,00025000On market1.9m
A3DAurora LabsMel AshtonBuyAugust 3050,00019581On market50,000
AD8Audinate GroupAlison LegderBuyAugust 2915005849On market1500
AGIAinsworth Game TechnologyDaniel GladstoneBuyAugust 3030,00034500On market82,868
AIRAstivitaLez MizikovskyBuyAugust 2926,7311737On market37.7m
AXPAirXpandersZita PeachBuyAugust 3078,1255859Rights issue151,458
CSVCSGRobin LowBuyAugust 2795,23820097On market252,338
CSVCSGMark BaylissBuyAugust 271.1m210227Rights issue5.1m
CSVCSGTom CowanBuyAugust 276.5m$1.2mRights issue31.5m
JINJumbo InteractiveMike VeverkaBuyAugust 24150,000600000Exercise options9.9m
JINJumbo InteractiveMike VeverkaSellAugust 29260,000$1.7mOn market9.7m
JRVJervois MiningStephen van der SluysBuyAugust 292.5m200000Exercise options4.6m
OELOtto EnergyJohn JetterBuyAugust 292.2m127481Entitlement offer21.6m
OELOtto EnergyMatthew AllenBuyAugust 29766,66745233Entitlement offer7.7m
OELOtto EnergyIan MacliverBuyAugust 29600,76335445Entitlement offer6m
OELOtto EnergyIan BoserioBuyAugust 29230,397$13,593Entitlement offer2.8m
OELOtto EnergyPaul SenyciaBuyAugust 29361,31021317Entitlement offer3.6m
PNVPolyNovoDavid McQuillanBuyAugust 28162,00086860On market1.2m
PPCPeetBrendan GoreBuyAugust 30288,5890Convert performance rights3.5m
RACRace OncologyWilliam GarnerBuyAugust 2850,0007184On market25.2m
CSECopper StrikeHarry HatchBuyJuly 164590918On market23.1m
EOLEnergy OneShaun AnkersBuyAugust 31100,0000Convert performance rights692,500