Directors Trades: This week a group of brokers joined in the action
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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.
|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|
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.
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.