The most noteworthy directors trade over $100,000 was a $6.8 million buy made by a former NRL player.
Wes Maas played two first-grade games for South Sydney in 2002 but after that founded civil and mining construction company Maas Group (ASX:MGH), It listed on the ASX in December last year and is a $1.3 billion company.
During the IPO Maas sold down his holdings from 77.4 per cent to 55.6 per cent.
But earlier this month he chipped a bit more into his company, investing over $6 million into his company through a Dividend Reinvestment Plan and off-market trade.
A number of Maas’ colleagues also participated in the Dividend Reinvestment Plan but none of them came close to matching their boss’ investment due to their smaller stakes in the company.
| Code | Company | Director | Change | Date | Volume | $ | What |
|---|
| PWR | PWR Holdings | Kees Weel | Sell | 30 April | 689,531 | $4,213,034 | On market |
| M7T | Mach7 Technologies | Mike Lampron | Sell | 30 April | 116,607 | $140,745 | On market |
| BPT | Beach Energy | Richard Richards | Buy | 3 May | 200,000 | $256,000 | On market |
| NTO | Nitro Software | John Dyson | Sell | 30 April | 17,393,001 | $54,787,953 | Off market |
| MGH | Maas Group | Wesley Maas | Buy | 30 April | 2,059,932 | $6,824,324 | Dividend Reinvestment Plan & Off market |
| SGF | SG Fleet | Robbie Blau | Buy | 30 April | 706,342 | $1,730,538 | Rights Issue |
| ALK | Alkane Resources | Ian Gandel | Buy | 3 May | 3,400,000 | $2,920,940 | On market |
| MNB | Minbos Resources | Peter Wall | Buy | 30 April | 1,250,000 | $100,000 | Placement |
| HUM | Humm | Andrew Abercrombie | Buy | 4 May | 1,135,105 | $1,042,412 | On market |
| NIB | Nib | Mark Fitzgibbon | Sell | 30 April | 45,000 | $275,063 | On market |
| NEA | Nearmap | Ross Nogard | Buy | 7 May | 500,000 | $928,496 | On market |
| BDM | Burgundy Diamond Mines | Michael O'Keeffe | Buy | 11 May | 327,941 | $111,500 | On market |
| TPG | TPG Telecom | Robert Millner | Buy | 7 May | 100,000 | $544,050 | On market |
| KP2 | Kore Potash | David Hathorn | Buy | 6 May | 23,056,653 | $350,000 | Placement |
| AMA | AMA Group | Carl Bizon | Buy | 11 May | 200,000 | $100,880 | On market |
| TPG | TPG Telecom | Inaki Berroeta | Buy | 11 May | 116,000 | $599,580 | On market |
| CCE | Carnegie Clean Energy | Michael Fitzpatrick | Sell | 11 May | 563,051,281 | $1,709,459 | On market |
| UOS | United Overseas Australia | Kong Choong Soon | Buy | 13 May | 1,000,000 | $725,000 | Off market |
| MNS | Magnis | Frank Poullas | Buy | 13 May | 616,074 | $184,773 | On market |
| CAV | Carnavale Resources | Ron Gajewski | Buy | 13 May | 15,000,000 | $105,000 | Capital raising |
| AIM | Access Innovations Holdings | Anthony Abrahams | Buy | 10 May | 250,000 | $200,000 | Rights Issue |
| AIM | Access Innovations Holdings | Deanne Weir | Buy | 11 May | 2,500,750 | $2,000,600 | Rights Issue |
| SLK | SeaLink Travel Group | Lance Hockridge | Buy | 12 May | 32,500 | $317,525 | On market |
| AIM | Access Innovations Holdings | John Martin | Buy | 10 May | 188,023 | $150,418 | Rights Issue |
Multimillion dollar traders
Sticking with directors who used to be footy players; one is Mike Fitzpatrick of Carnegie Clean Energy (ASX:CCE).
You may remember him as chairman of the AFL Commission but he was also a player representing Subiaco in the WAFL between 1970 and 1974 followed by Carlton in the VFL between 1975 and 1983.
Fitzpatrick parted ways with over $1.7 million in shares of the microcap renewable energy play in an on-market trade.
But this trade was not the biggest of the fortnight. That mantle belonged to Nitro Software (ASX:NTO) director John Dyson who sold nearly $55 million of shares in an off-market trade.
These shares were owned by his venture capital firm Starfish Ventures.
Returning to the buyers and the next biggest was Ian Gandel of porphyry hunter Alkane Resources (ASX:ALK) who chipped in $2.9 million.
Other big buyers were Andrew Abercrombie of Humm (ASX: HUM) and Robbie Blau of SG Fleet (ASX:SGF) who both chipped in over $1 million.
Of directors who stumped up six figures, some of the larger trades included a $725,000 off-market buy by Malaysian millionaire Kong Choong Soon of Malaysian property developer United Overseas Australia (ASX:UOS) as well as Inaki Berroeta of telco TPG (ASX:TPG) who bought $599,580 of shares on-market right before the stock was removed with its acquisition by Vodafone taking effect.
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