Big agriculture companies don’t often make the list of directors trades above $100,000 but in recent weeks they have.

Three buys came from Rural Funds Trust (ASX:RFF) which is an agriculture focused Real Estate Investment Trust (REIT).

REITs essentially operate like an ETF on exchange except its underlying assets are real world properties rather than other securities.

Two of the buys came from David Bryant who bought just over $500,000 worth in a rights issue on 22 July and another $1.26 million worth on August 4.

The other trade came from Leslie Paynter who bought $458,447 worth on July 22.

Also buying from the agriculture sector were Neil Chatfield and Harry Debney from avocado grower Costa Group (ASX:CGC), purchasing $177,726 and $139,626 respectively – also in a rights issue.


Resources traders

The vast majority of other trades came from the resources sector.

Two of the biggest success stories have been Chalice (ASX:CHN) and Liontown (ASX:LTR), both having grown over 4,000% in the past two-and-a-half years.

But both saw directors sell shares, albeit to fund the exercise of either options or performance rights, or just pay the associated tax bill. David Richards of Liontown sold just over 1.1 million ($900,000) on July 22 only to acquire 3 million a few days later to exercise options.

It was a similar story for Chalice’s Morgan Ball, who sold 50,000 shares only to acquire 150,000 thanks to options. Alex Dorsch sold 500,000 shares and got back over 1 million.

Australian Strategic Minerals (ASX:ASM) directors David Chalmers and Nicholas Earner sold $1.03 million and $4.84 million respectively in  purely on market share trades.

Meanwhile in the smaller cap resources sector it was purely buying activity.

Cradle Resources’ (ASX:CXX) Grant Davey spent just over $165,000 on market and Odyssey Gold (ASX:ODY) Levi Mochkin spent just over $359,000 on market.

In the potash sector Danakali (ASX:DNK), Seamus Cornelius bought $430,000 worth in a placement.