The CEO of marketing consulting group Trimantium GrowthOps (ASX:TGO) Paul Mansfield just became a major stakeholder in the company, in a trade that actually sees him poorer by about $8000.

He bought 17m shares for $17m from Forci Alternative Strategies, giving him 13 per cent of the company and reducing the seller below the substantial shareholder threshold.

Managing director Phillip Kingston also bought last week, but it was a minor $1.8m compared to his buddy’s buy.

Both men bought the stock at $1 a share in the off market trades. The stock was trading under 50c all last week and hit all time lows of 45c on Friday.

If they’d been able to buy that stock on market the day the trade went through, they’d have got it for $7.65m and $823,070 respectively.

“I’m a huge believer in the future of the company, and an off-market trade is the only pathway to take a large position given the lack of liquidity,” Mr Mansfield said.

He didn’t say before deadline why he bought in at twice the price, but a spokeswoman later said “as you’d know, an off market trade is a negotiated price” so he had to pay double.

Directors at ApplyDirect (ASX:AD1) and lender Resimac (ASX:RMC) bagged second and third prize, respectively, in the high roller stakes.

Job board ApplyDirect director Mike Norster (who has more of a background in renewable energy and telecoms than internet services) now owns 40 per cent of the company after it bought his company Utility Software Services.

He already was the company’s largest investor with only 11 per cent.

On paper it looks like Resimac director Duncan Saville reinvested $2.5m worth of dividends into the non-bank lender.

In reality, Mr Saville is the boss of investor Ingot Capital Management which owns 63 per cent of Resimac. He’s got a board seat as representative for that stake, but the proceeds of those dividends go to Ingot’s investors, not him.

Liontown Resources (ASX:LTR) chairman bought into a cap raise not enough to maintain his 20+ per cent stake. He bought just over $900,000 of stock in the $7.9m raising to fund their WA lithium projects but his interest dropped to 19 per cent anyway.

New Zealand jeweller Michael Hill (ASX:MHJ) has struggled with the transition to online or ‘omnichannel’ selling, but the half year results last month indicate they may have turned a corner.

So that means, surely, it’s time to buy? So thinks director Rob Fyfe, former Air NZ boss, Icebreaker chair, and Antarctica New Zealand director.

He bought $NZ525,000 ($502,000) of stock on market, doubling his stake in the company.

There were five other $100,000-plus purchases last week:

CodeCompanyDirectorChangeDateVolume$WhatTotal holdings controlled
MHJMichael HillRobert FyfeBuy20 March763,640$502,621On market1,513,640
AD1ApplyDirectMichael NorsterBuy22 March107,270,254$2,896,297Capital raising127,060,887
RMCResimac GroupDuncan SavilleBuy25 March5,119,342$2,488,000Dividend Reinvestment plan253,913,646
LTRLiontown ResourcesTimothy GoyderBuy22 March45,236,998$904,740Capital raising262,565,896
HLAHealthiaGlen RichardsBuy22 March300,090$270,081On market4629659
ACFAcrow Formwork and Construction SrvcPeter LanckenBuy20-22 March280,269$203,676On market6,305,662
EZLEurozRobert BlackBuy26 March100,000$114,000On market4,200,000
AJMAltura MiningJames BrownBuy26 March770000$100,000 Capital raising30088301
PAAPharmAustRoger AstonBuy26 March4,298,519$107,462Capital raising15,044,815
TGOTrimantium GrowthOpsPhillip KingstonBuy29 March1,829,045$1,829,045Off market27,599,751
TGOTrimantium GrowthOpsPaul MansfieldBuy29 March17,000,000$17,000,000Off market18, 238, 450