Directors Trades: These familiar big buyers bought another $1.7m in stock last week
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The most successful IPO of 2019 has been telco Uniti Wireless (ASX:UWL), building itself through market excitement and acquisitions.
But the latter has to be paid for and most recently it snapped up phone-word inventory 1300 Australia – paying $78m.
Once again, a group of directors chipped in. First was Vaughan Bowen who came to the company from Vocus Group in March. He bought $1.3m and now owns $12.5m worth of stock.
Barclay bought another $200,000 this week and now owns just over $6.5m worth of shares. Also, Michael Simmons bought another $162,000 taking his shareholding value to over $13m.
A trio of directors from payments platform EML Payments’ (ASX:EML) also bought this week. In the company’s retail rights issue, David Liddy bought $568,000, Peter Martin bought $226,415 and Thomas Cregan bought almost $5.2m.
Two directors from Latin America-focused lithium play PepinNini Lithium (ASX:PNN) went shopping together as well. Rebecca Holland-Kennedy chipped in nearly $5m, while Sarah Clifton-Brown spent $100,000 on more shares.
Shaun Scott of coal seam gas play Comet Ridge (ASX:COI) bought $114,000 worth of shares and Alta Zinc’s (ASX:AZI) Geraint Harris bought $150,000.
Civil engineering firm MacMahon Holdings (ASX:MAH) saw Bruce Munro spend $125,000 on market.
Robert Sofoulis from digital media platform Swift Media (ASX:SW1) bought $325,000 worth in a placement.
There were two sellers this week, first was Imdex’s (ASX:IMD) Bernie Ridgeway who sold $600,000 to pay a tax bill, although in the same week he also bought $100,000.
Second was AMA Group’s (ASX:AMA) Leath Nicholson, who sold $121,288 saying he had to meet a financial commitment. But in the same week, his colleague Andrew Hopkins bought $500,000.
|COI||Comet Ridge||Shaun Scott||Buy||9 December||600,000||$114,000||On market|
|CGR||CML Group||Geoffrey Sam||Buy||5 December||301,890||$144,907||Rights Issue|
|IMD||Imdex||Bernie Ridgeway||Sell||6 December||600,000||$960,000||On market|
|PNN||PepinNini Lithium||Rebecca Holland-Kennedy||Buy||9 December||29,410,765||$4,999,830||Rights Issue|
|PNN||PepinNini Lithium||Sarah Clifton-Brown||Buy||9 December||588,236||$100,000||Rights Issue|
|AMA||AMA Group||Leath Nicholson||Sell||3 December||100,000||$121,288||On market|
|AMA||AMA Group||Andrew Hopkins||Buy||3 December||500,000||$504,070||On market|
|EML||EML Payments||David Liddy||Buy||6 December||160,000||$568,000||Rights Issue|
|EML||EML Payments||Thomas Cregan||Buy||6 December||1,461,223||$5,187,342|
|EML||EML Payments||Peter Martin||Buy||6 December||63,779||$226,415.45|
|AZI||Alta Zinc||Geraint Harris||Buy||6 December||30,000,000||$150,000||Capital raising|
|MAH||MacMahon Holdings||Bruce Munro||Buy||10 December||500,000||$125,000||On market|
|UWL||Uniti Group||Graeme Barclay||Buy||11 December||125,000||$202,500||Rights Issue|
|UWL||Uniti Group||Michael Simmons||Buy||11 December||100,000||$162,000||Rights Issue|
|UWL||Uniti Group||Vaughan Bowen||Buy||5 December||818,490||$1,325,954||Rights Issue|
|SW1||Swift Media||Robert Sofoulis||Buy||12 December||2,241,379||$325,000||Placement|
|SXY||Senex Energy||Trevor Bourne||Buy||12 December||500,000||$175,419.91||On market|
|CYM||Cyprium Metals||Gary Comb||Buy||11 December||476,190||$100,439.89||On market|