It was millionaire’s row last week in small cap land, with four multi-million dollar trades and one that was pretty close.

But the item that caught our eye was a $100,460 trade at Recce Pharmaceuticals (ASX:RCE).

The director, James Graham, is 29 years old and said the amount was a considerable financial commitment for him, but:

“Rather than use my savings to put down a deposit on a house, I am backing what I believe is set to become a great Australian business success story.”

Talk about putting your money where your mouth is — or in his case, a future place to sleep.

Mr Graham now owns almost 5 per cent of the company, the vast majority of which has been bought with his own funds.

“Our trading policy was clear in disqualifying my participation in the recent capital raising as directors only have a window of a few weeks throughout the year to buy and sell – instead saw me a 10 per cent premium on-market – I’m ok about that,” he told Stockhead.

As we started banging on about in 2017, millennials are coming round to stocks over property — the ones who moved early on that theme will certainly be patting themselves on the back about that right now — and it’s still a thing today, just cooler apparently.

On to the millionaires.

Millionaire row

Crater Gold Mining (ASX:CGN) chair Sam Chan spent about $13m in a capital raising last week.

However, included in the latest trading note were notices for two other trades as well, in 2016 and 2014 which were apparently only picked up when they were preparing the latest 3Y appendices.

In 2016, somehow they missed a $2m trade.

Since mid-2015 Crater has only issued eight director interest notices and two of those were late, so maybe they were out of practice.

Mike Ververka continued his habit of making a motza out of his options.

The Jumbo Interactive (ASX:JIN) chief has now made $15.5m since September by exercising options and selling off the shares; it’s cost him $5.4m.

He still has 250,000 options left, but the way he’s spending them they won’t last long.

Hot pants on the sex machine

And finally the boss of lithium player Altura Mining (ASX:AJM) has sold off 1.2m shares, making a tidy $572,514.

Remember James Brown who was buying from last week? Yeah, him.

Altura pre-empted any questions with a nothing-to-see-here note, saying it’s the first sale he’s made since he joined the board in 2011 and he only did it to buy into the recent $28m capital raising, destined to help with the final push to hit nameplate production capacity.

Data collated with Nick Sundich.

Code Company Director Change Date Volume $ What Total holdings controlled
AJM Altura Mining James Brown Sell 27-Feb 1.2m $572,514 On market 29m
IRL Impelus Brendan Birthistle Buy 28-Feb 22m $242,457 On market 143m
E2E Eon NRG Mark Stowell Buy 6-Mar 26m $182,000 Capital raising 52m
DGO DGO Gold Bruce Parncutt Buy 5-Mar 552,829 $359,338 Capital raising 4.2m
DGO DGO Gold Eduard Eshuys Buy 3-Jan & 5-Mar 389,711 $253,312 Capital raising 2.7m
BBN Baby Bunting Matthew Spencer Sell 1-Mar 95,000 $222,652 On market 1.3m
CVV Caravel Minerals Alasdair Cook Buy 1-Mar 2m $102,576 Capital raising 16.4m
FCT Firstwave Cloud Technology Simon Moore Buy 7-Mar 3.2m $150,000 Board Issue 3.2m
IMD Imdex Anthony Wooles Sell 1-Mar 250,000 $290,000 On market 1m
RCE Reece Pharmaceuticals James Graham Buy 7-Mar 650,000 $100,460 On market 4.3m
WAT Waterco Benjamin Francis Hunt Sell 7-Mar 200,000 $400,000 On market 170,223
CGN Crater Gold Mining Sam Chan Buy 1-Mar 892m $13m Capital raising 1b
PPE People Infrastruture Thomas Reardon Sell 5-Mar 500,000 $1.2m On market 3m
GDG Generation Development Group William Bessemer Buy 25-28-Feb 200,000 $127,750 On market 12.6m
EML EML Payments Peter Martin Sell 5-7-Mar 850,000 $1.4m On market 7.7m
RMY RMA Global David Williams Buy 6-8-Mar 859,003 $180,391 On market 112.7m
JIN Jumbo Interactive Mike Veverka Buy 22 Feb-1 Mar 200,000 $700,000 Exercise options 9.6m
JIN Jumbo Interactive Mike Veverka Sell 22 Feb-1 Mar 213,308 $2.2m On market 9.4m
NEU Neurotech International Simon Trevisan Buy 25-Feb-19 3.3m $100,000 Capital raising 8.7m
TAS Tasman Resources Gregory and Douglas Solomon Buy 1-Mar-19 9.4m $471,082 Capital raising 104m