In the past fortnight there were nearly four dozen directors on the ASX who bought or sold shares in trades above $100,000.
| Code | Company | Director | Change | Date | Volume | $ | What |
|---|---|---|---|---|---|---|---|
| ODY | Odyssey Gold | Levi Mochkin | Buy | 18 August | 2,000,000 | $188,158 | On market |
| MBH | Maggie Beer | Hugh Robertson | Buy | 20 August | 278,871 | $123,087 | On market |
| TGR | Tassal Group | James Fazzino | Buy | 19 August | 70,345 | $247,614 | On market |
| SFC | Schaffer Corporation | David Schwartz | Buy | 23 August | 9,500 | $204,229 | On market |
| ARV | Artemis Resources | Alistair Clayton | Buy | 23 August | 2,000,000 | $126,000 | On market |
| SLR | Silver Lake Resourcrs | Luke Tonkin | Sell | 20 August | 580,000 | $754,580 | On market |
| TTB | Total Brain | David Daglio | Buy | 19 August | 1,453,349 | $377,871 | Rights Issue |
| TTB | Total Brain | David Torrible | Buy | 19 August | 1,315,528 | $342,037 | Rights Issue |
| SDF | Steadfast Group | Robert Kelly | Sell | 23 August | 285,000 | $1,428,300 | On market |
| XRO | Xero | Rod Drury | Sell | 24 August | 2,000,000 | $300,000,000 | Off market |
| BRG | Breville | Steven Fisher | Sell | 24 August | 60,000 | $1,935,684 | On market |
| MSV | Mitchell Services | Nathan Mitchell | Buy | 25 Aug | 4,601,521 | $1,932,639 | Rights Issue |
| MSV | Mitchell Services | Scott Tumbridge | Buy | 25 August | 1,794,259 | $753,589 | Rights Issue |
| SVW | Seven Group Holdings | Terry Davis | Buy | 26 August | 7,936 | $173,866 | On market |
| OKR | Okapi Resources | David Nour | Buy | 25 August | 1,000,000 | $200,000 | Placement |
| CTM | Corporate Travel Management | Jamie Pherous | Sell | 26 August | 1,740,000 | $39,150,000 | On market |
| NMT | Neometals | David Reed | Sell | 25 August | 2,000,000 | $1,507,816 | On market |
| ADH | Adairs | Brett Chenoweth | Buy | 26 August | 66,312 | $250,271 | On market |
| DDR | Dicker Data | David Dicker | Sell | 27 August | 2,740,000 | $42,196,000 | On market |
| APX | Appen | Richard Freudenstein | Buy | 27 August | 30,000 | $313,941 | On market |
| GME | GME Resources | Peter Sullivan | Buy | 13 August | 2,411,198 | $108,504 | Rights Issue |
| GME | GME Resources | Peter Huston | Buy | 13 August | 3,171,285 | $142,708 | Rights Issue |
| HUM | Humm | Andrew Abercrombie | Buy | 25 August | 200,353 | $192,997 | On market |
| SVY | Stavely Minerals | Robert Dennis | Buy | 30 August | 444,444 | $192,684 | On market |
| LGL | Lynch Group | Patrick Elliot | Buy | 27 August | 65,500 | $246,630 | On market |
| BCB | Bowen Coking Coal | Blair Sergeant | Buy | 30 August | 1,819,584 | $121,912 | Rights Issue |
| BCB | Bowen Coking Coal | Matthew Latimore | Buy | 30 August | 13,201,729 | $884,516 | Rights Issue |
| DDR | Dicker Data | Vladimir Mitnovetski | Buy | 30 August | 17,788 | $128,000 | On market |
| ZEO | Zeotech | Peter Zardo | Sell | 26 August | 30,500,000 | $2,745,000 | Off market |
| AMX | Aerometrex | Mark Lindh | Buy | 30 August | 128,206 | $100,000 | On market |
| FXR | Flexiroam | Tat Seng Koh | Buy | 31 August | 3,750,000 | $150,000 | Off market |
| JIN | Jumbo Interactive | Susan Forrester | Buy | 31 August | 9,000 | $141,142 | On market |
| SEK | Seek | Ian Narev | Sell | 25 August | 16,000 | $503,840 | On market |
| JRV | Jervois Global | Peter Johnston | Buy | 1 September | 850,000 | $374,000 | Rights Issue |
| PBH | PointsBet | Brett Paton | Buy | 31 August | 218,177 | $1,745,416 | Rights Issue |
| DSK | Dusk Group | Peter King | Sell | 30 August | 114,941 | $350,629 | On market |
| PTB | PTB Group | Craig Baker | Sell | 1 September | 150,000 | $126,750 | On market |
| MYX | Mayne Pharma | Frank Condella | Buy | 1 September | 412,121 | $136,680 | On market |
| TSI | Top Shelf | Adem Karafili | Buy | 31 August | 106,900 | $199,304 | On market |
| RBL | Redbubble | Martin Hosking | Sell | 1 September | 5,000,000 | $21,000,000 | On market |
| DDR | Dicker Data | Fiona Brown | Buy | 1 September | 8465 | $121,520 | Dividend Reinvestment Plan |
| VEA | Viva Energy | Scott Wyatt | Buy | 31 August | 455,000 | $955,654 | On market |
| HT8 | Harris Technology | Garrison Huang | Buy | 30 August | 1,160,619 | $132,668 | On market |
| ABY | Adore Beauty | Justin Ryan | Buy | 1 September | 39,000 | $190,873 | On market |
| ARR | American Rare Earths | Denis Geldard | Buy | 2 September | 1,000,000 | $182,000 | On market |
| RAC | Race Oncology | John Cullity | Sell | 2 September | 61,745 | $192,799 | On market |
The most notable big trades from ASX company directors
The most notable big trade from an ASX company director came from Dicker Data (ASX:DDR) boss David Dicker who sold over $42 million in shares earlier this week.
While many sell to pay a tax bill or exercise options, Dicker was very specific about what he’d be spending the money on:
- Capital expenditure for his latest venture – a sports-car manufacturer
- A purchase of a Bombardier private bet
- Trading in the US equity markets
There were two other trades from Dicker directors: Vladimir Mitnovetski who bought $128,000 on market and Fiona Brown who bought $121,520 as part of a dividend reinvestment plan.
The biggest trade came from Xero (ASX:XRO) founder Rod Drury who sold $300 million in a block trade.
Corporate Travel Management (ASX:CTD) managing director Jamie Pherous sold just over $39 million in an on-market trade.
Martin Hosking from Redbubble (ASX:RBL) sold $21 million in an off-market trade – a sale the company said was to “meet financial commitments”.
And Peter Zardo from mineral processor Zeotech (ASX:ZEO) sold just over $2 million in shares in an off-market trade to existing shareholders.
There were a handful of slightly smaller sales which were conducted to fund the exercise of options or a tax bill. One was former CBA boss Ian Narev who parted with $503,840 in shares of Seek (ASX:SEK).
Another was John Cullity of Race Oncology (ASX:RAC) who sold just over $190,000.
Biggest buyers
The biggest buyer was Nathan Mitchell of drilling services firm Mitchell Services (ASX:MSV) who bought nearly $2 million in a rights issue. Scott Tumbridge chipped in too, purchasing $753,589.
No less than three other ASX companies also had multiple directors chipping in with big trades.
GME Resources (ASX:GME) directors Peter Sullivan and Peter Huston bought $108,504 and $142,708 in a rights issue. For the record this GME is the microcap explorer, not the US videogame outlet that became one of the first meme stocks at the start of this year.
Bowen Coking Coal (ASX:BCB) directors Blair Sergeant and Matthew Latimore bought $121,912 and $884,516 respectively in a rights issue.
And Total Brain (ASX:TTB) saw David Daglio buy $377,871 and David Torrible buy $342,037.
PointsBet (ASX:PBH) director Brett Paton bought over $1.7 million in his firm’s latest capital raising.
In a similar thematic, Susan Forrester from lotteries business Jumbo Interactive (ASX:JIN) bought just over $140,000 in an on-market trade.
Private equity investor Justin Ryan bought $190,000 in shares of fashion retailer Adore Beauty (ASX:ABY) which he is chairman of.
Other big trades among ASX directors included Lynch Group’s (ASX:LGL) Patrick Elliot who bought $246,630 and Humm’s (ASX:HUM) Andrew Abercrombie who bought $192,997.