Directors Trades: There's been an avalanche of big trades in recent days

In the past fortnight there were over 30 directors trades of $100,000 or more among ASX small cap directors.

The list included multiple groups of directors. Five directors from water treatment stock Phoslock (ASX:PET) put in $1.3m between them as part of a placement.

More than half of the investment came from deputy chairman Zhigang Zhang. Another $250,000 came from newcomer Lachlan McKinnon, who replaced departing company veteran Robert Schuitema.

Mortgage broker Australian Finance Group (ASX:AFG) saw four directors sink over six figures into a capital raising of its own.

Tipping in the most was Malcolm Watkins with over $3m and Brett McKeon with $1m. Craig Carter bought $146,364 worth of shares, while Anthony Gill bought $235,228.

Two directors of Queensland renewable energy play Genex Power (ASX:GNX) sold down their shareholdings.

Company founders Simon Kidston and Michael Addison sold $500,750 and $800,000 respectively. According to Genex, it was to pay tax liabilities and fund property renovations.

Finally, coal stock TerraCom (ASX:TER) saw multiple directors, including Craig Ransley and Glen Lewis, buy $11.4m in shares.

Code	Company	Director	Change	Date	Volume	$	What
GMV	G Medical Innovations	Yacov Geva	Sell	22 May	41,125,000	$3,330,000	Off market
PSC	Prospect Resources	Hugh Warner	Buy	18 May	4,091,668	$204,583	Rights Issue
AO1	Assetowl	Simon Trevisan	Buy	25 May	15,112,500	$120,900	Rights Issue
AGY	Argosy Minerals	Alexander Molyneux	Sell	21 May	3,550,000	$184,275	On market
CLB	Candy Club	James Baillieu	Buy	26 May	1,274,442	$125,632.00	On market
AFG	Australian Finance Group	Anthony Gill	Buy	25 May	204,546	$235,228	Rights Issue
AFG	Australian Finance Group	Malcolm Watkins	Buy	25 May	2,686,506	$3,089,482	Rights Issue
AFG	Australian Finance Group	Brett McKeon	Buy	25 May	869,566	$1,000,001	Rights Issue
AFG	Australian Finance Group	Craig Carter	Buy	25 May	127,273	$146,364	Rights Issue
CIO	Champion Iron	David Cataford	Sell	21 May	300,000	CA$690,000	On market
EVS	Envirosuite	Hugh Robertson	Buy	27 May	1,277,659	$169,436	Off market
LTR	Liontown Resources	Timothy Goyder	Buy	26 May	2,400,000	$300,000	On market
OSL	Oncosil Medical	Roger Aston	Buy	28 May	1,137,869	$102,408	Rights Issue
DGO	DGO Gold	Brue Parncutt	Sell	28 May	100,000	$150,000	Off market
UCM	Uscom	Xianhui Meng	Buy	22 May	544,559	$122,696	On market
MVF	Monash IVF	Richard Henshaw	Buy	27 May	335,517	$174,469	Rights Issue
EXP	Experience Co	Anthony Boucaut	Sell	26 May	713,000	$103,385	On market
OFX	OFX	Grant Murdoch	Buy	21 May	100,000	$135,033	On market
TER	TerraCom	Craig Ransley & Glen Lewis	Buy	29 May	67,359,578	$11,451,128	Off market
MCP	McPhersons	Laurence McAllister	Sell	28 May	50,000	$134,676	On market
DDR	Dicker Data	Fiona Brown	Buy	1 June	14,700	$103,448	Dividend Reinvestment Plan
AVH	Avita Medical	Michael Perry	Sell	2 June	4,953,151	$2,382,961	On market
PET	Phoslock Environmental Technologies	Brenda Shanahan	Buy	3 June	200,000	$100,000	Placement
PET	Phoslock Environmental Technologies	Lachlan McKinnon	Buy	3 June	500,000	$250,000	Placement
PET	Phoslock Environmental Technologies	Zhigang Zhang	Buy	3 June	1,500,000	$750,000	Placement
PET	Phoslock Environmental Technologies	Ningping Ma	Buy	3 June	200,000	$100,000	Placement
PET	Phoslock Environmental Technologies	Laurence Freedman	Buy	3 June	200,000	$100,000	Placement
GTG	Genetic Technologies	Jerzy Muchnicki	Buy	29 May	41,733,332	$200,000	On market
AGS	Alliance Resources	Ian Gandel	Buy	4 June	18,281,154	$1,462,492	Rights Issue
GNX	Genex Power	Simon Kidston	Sell	3 June	2,500,000	$500,750	Off market
GNX	Genex Power	Michael Addison	Sell	2 June	4,000,000	$800,000	Off market

The solo traders

The biggest solo trade came from Ian Gandel, who continues buying more of gold junior Alliance Resources (ASX:AGS). He acquired another $1.46m in shares as part of a rights issue.

Last year he made a bid to acquire the whole company which resulted in him gaining a hefty stake in the company, but not quite 100 per cent.

Another notable resources identity, Timothy Goyder, took another leap of faith in lithium play Liontown Resources (ASX:LTR), purchasing $300,000 worth of shares.

Consumer stocks saw notable buyers too. Victorian business identity James Baillieu made another vote of confidence in sweet distributor Candy Club (ASX:CLB), buying just over $125,000.

Monash IVF’s (ASX:MVF) Richard Henshaw bought $174,469 of the IVF provider’s shares while AssetOwl’s (ASX:AO1) Simon Trevisan bought $120,900. Both buys were part of a rights issue.

Grant Murdoch, of forex service provider OFX (ASX:OFX), bought $135,033 on market.

Among the solo sellers, the biggest was G Medical Innovations (ASX:GMV) chief Yacov Geva, who parted with $3.3m worth of shares.

G Medical told shareholders the sale was to an institutional investor and done to repay a third party loan which he secured to advance funds to the company.

Avita Medical (ASX:AVH) boss Michael Perry sold $2.3m to pay a tax bill. However, thanks to the vesting of restricted stock units (having served the company for three years), he finished last week with more shares than what he began with.