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Here’s our weekly look at which ASX small cap directors are buying or selling their own stock (week of Oct 12):

There was little selling last week but directors were out in force amassing sizeable stakes in the companies they work for.

Of the notable trades last week 12 directors forked out their own cash, either through on-market or off-market trades or dividend reinvestments.

>> Scroll down for a list of the biggest trades last week

Hongwei Cai at Dongfang Modern Agriculture (ASX:DFM) spent $6m on company stock.

The 31-year-old chairman owns 64 per cent of the company, down from 80 per cent in 2016.

The citrus grower produces and sells all of its fruit in China.

Dongfang shares began a rapid rise at the end of 2017 as the ‘China food’ theme gained traction. It then collapsed and has sat around $1 since June.

Dongfang stock over the last year.

He was followed by Metals X (ASX:MLX) chairman Peter Newton — not quite as much of a spring chicken as Mr Cai — who spent $880,000 on market.

Days before Metals X released its quarterly report, saying earnings were up and costs at both the tin and copper operations were down.

Next on the list is the managing director of industrial equipment maker Zicom (ASX:ZGL) Giok Sim. He owns 50 per cent of the company now, after buying a little more stock — 6.5m shares — on market.

Scott Didier listed his family’s ‘panel beater of the insurance world’ — aka an emergency building works — in October last year and is the only director to have been quietly buying here and there since.

Mr Didier’s 26 per cent of Johns Lyng Group (ASX:JLG) is on paper worth over $52m. When the company listed, it was worth $60m.

Mr Didier has been branching out into property and accommodation, buying the East Brunswick Hotel in Melbourne in 2017, in order to bring his children into his business empire.

Richard Homsany lifted his stake in Redstone Resources (ASX:RDS) to 11 per cent last week, while Grant Davey was also buying but this time at Superior Lake Resources (ASX:SUP).

Mr Davey has featured among the big dealers of directors trading in the past but for Boss Resources (ASX:BOE) and Matador Mining (ASX:MZZ).

Last week he lifted his interest in the Canada-focused zinc explorer to 7.6 per cent by spending $127,374 on market.

He is also on the boards of Cradle Resources Limited (ASX:CXX) and Graphex Mining Limited (ASX:GPX).

There was one notable sale last week: Anthony Wooles had to sell $310,000 of Imdex (ASX:IMD) shares to settle a tax bill.

Sweat equity

The happiest fellows and single lady were the ones getting their ‘free’ shares last week.

At Dampier Gold (ASX:DAU) chairman Malcolm Carson and and director Hui Guo received 3m incentive shares each, which on Friday were worth $120,000.

The Kalium Lakes (ASX:KLL) boys Brett Hazelden and Philippus van Niekerk received 1.05m and 300,000 shares as part of a performance incentive plan.

Mr Hazelden’s package was worth $399,000 on paper on Friday, while Mr van Neikerk was worth $114,000.

And lastly, the managing director and CEO of Australia’s most intriguingly coded gas company Senex Energy (ASX:SXY), Ian Davies, exercised stock appreciation rights for $2m worth of stock.

Stock appreciation rights are like options and are given to staff and management if a company performs well. But unlike options, the owner doesn’t have to pay anything to exercise them.

ASX codeCompanyDirectorChangeDateVolume$WhereTotal holdings controlled
AGSAlliance ResourcesIan GandelBuyOct 10-163m405174On market29.9m
DFMDongfang Modern Agriculture GroupHongwei CaiBuyOct 156m6060000Off market270m
HOMHomeloansWarren McLelandBuyOct 12185,505106327Dividend reinvestment plan12m
HOMHomeloansCholmondeley DarvallBuyOct 16300,000$186,000Off market1.7m
SUPSuperior Lake ResourcesGrant DaveyBuyOct 122.7m127374On market65m
SXYSenex EnergyIan DaviesBuyOct 154.3m0Exercise rights6.3m
DAUDampier GoldMarcolm CarsonBuyOct 163m0Incentive shares3m
DAUDampier GoldHui GuoBuyOct 163m0Incentive shares3m
IMDImdexAnthony WoolesSellOct 11-16250,000310000On market1.25m
JLGJohns Lyng GroupScott DidierBuyOct 12, 15, 16240,000203847On market58m
KLLKalium LakesBrett HazeldenBuyOct 171.05m0Issue of shares under performance plan14.7m
KLLKalium LakesPhilippus van NeikerkBuyOct 17300,0000Issue of shares under performance plan1.5m
MLXMetals XPeter NewtonBuyOct 162m880000On market16.1m
PEAPacific EnergyJames CullenBuyOct 15300,000161700On market500,000
ZGLZicom GroupGiok SimBuyOct 176.5m534148On market108m
RDSRedstone ResourcesRichard HomsanyBuyOct 9,10,1117.2m291528On market and entitlement offer52m