The past fortnight saw ~$62.79m in big director sales and a more modest ~$20.5m in buys but the biggest buy of the week came from a relatively new gold producer.
Emerald Resources (ASX:EMR) director Ross Stanley bought just over $1 million on-market only six months after his company’s first pour.
Emerald tips production of 100,000-110,000oz of gold per annum from its Okvau project in Cambodia.
It has a low all-in-sustaining-cost of US$754/oz and is expected to generate net present value (NPV) and internal rate of return (IRR) of US$238m and 57 per cent respectively, using a conservative per unit gold price of US$1,450/oz.
| Code | Company | Director | Change | Date | Volume | $ | What |
|---|---|---|---|---|---|---|---|
| BSA | BSA | Brendan York | Buy | 3 December | 647,665 | $184,585 | On market |
| DDR | Dicker Data | Fiona Brown | Buy | 1 December | 8,186 | $122,281 | Dividend Reinvestment Plan |
| PKD | Parkd | Bronte Howson | Buy | 3 December | 2,000,000 | $100,000 | Off market |
| PDZ | Prairie Mining | Ian Middlemas | Buy | 6 December | 1,060,000 | $212,000 | Rights Issue |
| LYC | Lynas | Amanda Lacaze | Sell | 2 December | 200,000 | $1,830,000 | On market |
| BKG | Booktopia | Tony Nash | Sell | 6 December | 3,500,000 | $6,125,000 | On market |
| PGH | Pact Group | Raphael Geminder | Buy | 1 December | 4,780,081 | $12,428,211 | On market |
| 360 | Life360 | James Synge | Buy | 7 December | 50,000 | $522,753 | On market |
| NHC | New Hope Corp | Robert & Thomas Millner | Buy | 8 December | 200,000 | $411,845 | On market |
| ERL | Empire Resources | Michael Ruane | Buy | 7 December | 60,709,083 | $485,673 | Rights Issue |
| ORA | Ora Gold | Philip Crabb | Buy | 3 December | 13,721,259 | $137,213 | Rights Issue |
| MBK | Metal Bank | Ines Scotland | Buy | 8 December | 38,321,333 | $306,571 | Rights Issue |
| MBK | Metal Bank | Sue-Ann Higgins | Buy | 8 December | 58,237,392 | $465,899 | Rights Issue |
| CBR | Carbon Revolution | Jake Dingle | Sell | 6 December | 410,000 | $431,017 | On market |
| ONE | Oneview Healthcare | Michael Kaminski | Sell | 6 December | 1,108,493 | $275,227 | On market |
| ONE | Oneview Healthcare | Joseph Rooney | Sell | 6 December | 619,830 | $148,949 | On market |
| ONE | Oneview Healthcare | Lyle Berkowitz | Sell | 8 December | 551,277 | $137,793 | On market |
| MP1 | Megaport | Jay Andelson | Sell | 8 December | 10,000 | $207,586 | On market |
| LEG | Legend Mining | Mark Wilson | Buy | 9 December | 5,000,000 | $253,587 | On market |
| AFG | Australian Finance Group | Anthony Gill | Buy | 9 December | 90,000 | $253,890 | On market |
| BLX | Beacon Minerals | Graham McGarry | Buy | 6 December | 32,607,544 | $997,791 | On market |
| HMC | Home Consortium | Isaac Fried | Sell | 6 December | 3,000,000 | $21,750,000 | On market |
| NIC | Nickel Mines | Xu Yuanyuan | Sell | 10 December | 24,000,000 | $16,020,000 | Off market |
| PDN | Paladin Energy | Cliff Lawrenson | Sell | 9 December | 1,400,000 | $1,145,900 | On market |
| HYM | Hyperion Metals | Todd Hannigan | Buy | 13 December | 346,841 | $312,495 | On market |
| EMR | Emerald Resources | Ross Stanley | Buy | 10 December | 1,000,000 | $1,075,020 | On market |
| PGL | Propsa | Aviad Eyal | Buy | 8 December | 125,000 | $100,000 | On market |
| RMY | RMA Global | David Williams | Buy | 13 December | 552,054 | $110,163 | On market |
| MSL | MSL Solutions | Earl Eddings | Sell | 10 December | 500,000 | $133,812 | On market |
| MP1 | Megaport | Naomi Seddon | Sell | 10 December | 26,000 | $185,152 | On market |
| CBO | Cobram Estate Olives | Samuel Beaton | Sell | 9 December | 2,000,000 | $4,000,000 | Sell down |
| CBO | Cobram Estate Olives | Leandro Ravetti | Sell | 9 December | 3,000,000 | $6,000,000 | Sell down |
| CBO | Cobram Estate Olives | Paul Riordan | Sell | 9 December | 1,000,000 | $2,000,000 | Sell down |
| CBO | Cobram Estate Olives | Tim Jonas | Sell | 9 December | 1,749,612 | $3,499,224 | Sell down |
| HXA | Hexima | Steven Skala | Buy | 10 December | 312,500 | $100,000 | Placement |
| CBO | Cobram Estate Olives | Craig Ball | Buy | 14 December | 294,501 | $451,686 | Dividend Reinvestment Plan |
| GBM | GBM Resources | Peter Mullens | Buy | 14 December | 1,000,000 | $100,000 | Capital raising |
| CXX | Cradle Resources | Grant Davey | Buy | 15 December | 16825000 | $673,000 | Off market |
| NHC | New Hope Corp | Robert and Thomas Millner | Buy | 16 December | 120,000 | $250,674 | On market |
| ALC | Alcidion Group | Kate Quirke | Buy | 15 December | 1,000,000 | $250,000 | Rights Issue |
| SCP | SCA Property Group | Mark Fleming | Sell | 16 December | 80,040 | $245,723 | On market |
| SCP | SCA Property Group | Anthony Mellowes | Sell | 15 December | 167,753 | $486,484 | On market |
| TTI | Traffic Technologies | Con Liosatos | Buy | 10 December | 8,105,714 | $243,171 | Rights Issue |
| GLN | Galan Lithium | Juan Pablo Vargas de la Vega | Sell | 17 December | 1,000,000 | $1,874,460 | On market |
Other buyers
The next biggest buy also came from a director of a gold company – in Beacon Minerals’ (ASX:BCN) Graham McGarry who bought just under $1 million on market.
This company is also in the production phase having produced 5,338 ounces in October and November at its Jaurdi project – ahead of the company’s expectations for the quarter.
Among gold explorers, buyers included Ines Scotland and Sue-Ann Higgins from Metal Bank (ASX:MBK) as well as Philip Crabb from Ora Gold (ASX:OAU) who all chipped into their firms’ rights issues.
Two other buys came from the ASX’s handful of companies focused on the automotive technology sector.
One came from Traffic Technologies (ASX: TTI) director Con Liosatos who purchased ~$243,000 on market.
Last week his company signed a contract of up to approximately $10 million with Procurement Australia for the supply of its smart city products to Victorian local councils.
Also, Bronte Howson from car park builder Park’d (ASX:PKD) bought $100,000 in an off market transaction.
‘Non-traffic’ tech buyers included Fiona Brown from Dicker Data (ASX:DDR) who bought $122,281 in a Dividend Reinvestment Plan and David Williams from prop tech stock RMA Group (ASX:RMY) who bought $110,163 on market.
Kate Quirke, the boss of medtech and defence tech company Alcidion (ASX:ALC), bought $250,000 in her firms’ rights issue.
Sellers
Olive oil company Cobram Estate Olives (ASX:CBO) completed a capital raising which involved a $15.5m sell down from four directors – Samuel Beaton, Leandro Ravetti, Paul Riordan and Tim Jonas.
But on the other hand, their colleague Craig Ball purchased $451,686 as part of a Dividend Reinvestment Plan.
Shopping centre operator SCA Property Group (ASX:SCA) had two directors sell to pay a tax bill – Mark Fleming sold $245,723 and Anthony Mellowes sold $486,484.
Still with property stocks, the biggest sale came from Issac Fried of Home Consortium (ASX:HMC) who parted ways with over $21 million.
Booktopia (ASX:BKG) founder Tony Nash sold over $6 million in shares in an off market transaction to an institutional investor – which apparently would otherwise have been unable to buy in.