Directors Trades: This week a group of brokers joined in the action
Director Trades
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Ordinarily stockbroker involvement in this column is limited to facilitating the trades. But this week’s list includes a group from one of the ASX’s few brokerage stocks.
Four directors of West Australian broker Euroz (ASX:EZL) chipped in over $100,000 each, led by chairman Andrew McKenzie who bought $202,632 worth of company shares.
The group bought shares as part of the company’s Dividend Reinvestment Plan.
A DRP allows shareholders to buy more shares with their dividends rather then receiving cash back.
Euroz is currently moving to acquire fellow Perth-headquartered broker Hartleys.
| Code | Company | Director | Change | Date | Volume | $ | What |
|---|---|---|---|---|---|---|---|
| QFE | QuickFee | Bruce Coombes | Buy | 30 July | 1,000,000 | $210,000 | Placement |
| QFE | QuickFee | Barry Lewin | Buy | 30 July | 1,000,000 | $210,000 | Placement |
| CIA | Champion Iron | Andrew Love | Sell | 31 July | 100,000 | $277,000 | On market |
| CIA | Champion Iron | Gary Lawler | Sell | 31 July | 100,000 | $277,000 | On market |
| IFN | Infigen Energy | Ross Rolfe | Sell | 31 July | 353,524 | $325,242 | Takeover |
| CGB | Cann Global | Pnina & Sholom Feldman | Buy | 30 July | 71,015,625 | $355,078 | Rights Issue |
| AIC | AIC Mines | Josef El-Raghy | Buy | 5 August | 2,449,045 | $685,733 | Rights Issue |
| SUV | Suvo Strategic Minerals | Kobi Ben-Shabat | Buy | 30 July | 5,000,000 | $100,000 | Rights Issue |
| HWH | Houston We Have | Antanas Gouga | Sell | 6 August | 10,000,000 | $495,500 | Off market |
| WBE | Whitebark Energy | Charles Morgan | Buy | 3 August | 83,333,333 | $250,000 | Rights Issue |
| CEL | Challenger Exploration | Fletcher Quinn | Buy | 5 August | 500,000 | $104,731 | On market |
| AZY | Antipa Minerals | Stephen Power | Buy | 7 August | 5,242,844 | $252,181 | On market |
| EZL | Euroz | Andrew McKenzie | Buy | 7 August | 191,162 | $202,632 | Dividend Reinvestment Plan |
| EZL | Euroz | Simon Yeo | Buy | 7 August | 128,491 | $136,200 | Dividend Reinvestment Plan |
| EZL | Euroz | Greg Chessell | Buy | 7 August | 114,771 | $121,657 | Dividend Reinvestment Plan |
| EZL | Euroz | Jay Hughes | Buy | 7 August | 172,641 | $182,999 | Dividend Reinvestment Plan |
| TAS | Tasman Resources | Gregory Solomon | Buy | 6 August | 7,522,609 | $210,633 | Rights Issue |
| TAS | Tasman Resources | Douglas Solomon | Buy | 6 August | 10,194,290 | $285,440 | Rights Issue |
| CCA | Change Financial | Harley Dalton | Buy | 6 August | 4,500,000 | $225,000 | Rights Issue |
| GME | GME Resources | Peter Huston | Buy | 7 August | 4,324,480 | $129,734 | Rights Issue |
| PLL | Piedmont Lithium | Ian Middlemas | Buy | 7 August | 2,090,909 | $188,182 | Placement |
| KGL | KGL Resources | Denis Wood | Buy | 7 August | 2,447,857 | $391,657 | Rights Issue |
| IMU | Imugene | Charles Walker | Buy | 10 August | 4,500,000 | $260,100 | On market |
| AQZ | Alliance Aviation | Stephen Padgett | Sell | 12 August | 1,000,000 | $3,500,000 | On market |
| MNW | Mint Payments | Alex Teoh | Buy | 7 August | 27,974,249 | $475,562 | Rights Issue |
| TSO | Tesoro Resources | Zeffron Reeves | Sell | 11 August | 650,000 | $141,377 | ON market |
| TSO | Tesoro Resources | Geoffrey McNamara | Sell | 11 August | 2,000,000 | $411,000 | ON market |
| ELS | Elsight | Nir Gabay | Sell | 14 August | 6,005,000 | $2,502,500 | Off market |
Families buying together
Two other notable groups were family members.
Brothers Greg and Douglas Solomon bought over $200,000 in South Australian-focused explorer Tasman Resources (ASX:TAS).
Mother and son duo Pnina and Sholom Feldman from pot stock Cann Global (ASX:CGB) bought $355,078 worth of shares in one trade between them.
The majority of other buyers came from the resources sector.
The biggest buyer this week was Josef El-Raghy, who hails from gold and copper explorer AIC Mines (ASX:A1M) and spent another $685,733 on shares in a rights issue.
Kobi Ben-Shabat from new WA strategic minerals explorer Suvo (ASX:SUV) bought $100,000 worth of shares.
Ian Middlemas, from one of the few lithium plays focused on North America — Piedmont Lithium (ASX:PLL), spent $188,182 to pick up more shares in a placement.
Bruce Coombes and Barry Lewin, of payment solution QuickFee (ASX:QFE), bought $210,000 worth of shares each in a capital raising.
Sellers
This week’s most notable seller was Ross Rolfe of wind energy company Infigen Energy (ASX:IFN). He banked $325,242 from the sale of shares as part of the company’s $777m takeover.
On market sellers included Andrew Love and Gary Lawler from Champion Iron (ASX:CIA), who sold $277,000 worth of shares each and Alliance Aviation (ASX:AQZ) boss Stephen Padgett, who parted with $3.5m in shares.
Antanas Guoga, a director of one of the ASX’s few AI plays Houston We Have (ASX:HWH), sold $495,500 worth of shares as part of a block trade to institutional investors.
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