Australian (ASX) Stock Market Forum

Director Trades - Highlights

Joined
29 May 2008
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Updated 27th June 2008


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Rick Crabb just picked up $44K worth of Ashburton minerals (ATN) shares at 2.7c each

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More buying by Directors of Downer EDI (DOW).

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Continued buying by Directors into E & A Limited (EAL). They have been regularly buying small parcels even as the price has been falling.

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The Directors activity continues in Ebet Ltd (EBT). This makes over $600K purchased in the last month.

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It's hard to believe but James Packer picked up another large parcel of shares in Ellerston Gems Fund (EGF). This week it was $1.8 M making a total investment by him of around $22M this last 6 months.

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Continued buying by Directors into Envirozel (EVZ). Various Directors have been continually buying as the price has fallen from 50c to 20c.

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Jullian Tertini just bought $472K worth of shares into Fantastic Holdings (FAN)

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Phillip Guy continues his buying spree into Nomad Building Solutions (NOD). This week he picked up $167K worth of shares making it a total of over $550K this month so far.

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Denis Criddle continues buying into Paladio Group (PDO)

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Neil Tomkinson just bought over $400K worth of shares in Red Hill Iron (RHI)

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Paul Gleeson must be confident in Ten Network Holdings (TEN). He just bought $146K worh of shares after a recent price fall.




Last Week

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James Packer just bought almost $2M worth of shares in Ellerston Gems fund (EGF). This makes it around $20M invested by him over the last 6 months.

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Continued buying by Directors of Elk Petroleum (ELK)

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More buying by Chris Mackay into Magellan Flagship Fund (MFF). This makes a total of over $1M in the last 4 months.

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Nick Scali just bought $700K into Nick Scali Ltd (NCK). This is after a long price decline over the last 6 months.

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Paladio Group (PDO) has seen further buying by Denis Criddle

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Paul Ramsay just picked up another parcel into Prime Media Group (PRT). He has been buying aggressively since March this year.

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Jeffrey Hogan just bought $1.1M worth of shares in RCR Tomlinson (RCR)

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Symex Holdings (SYM) has seen continued buying by Allister Tomkins over recent weeks.

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Some more buying into Tanami Gold (TAM) by Denis Waddell.
 
I've always found that stock tends to Tank after director buying.
Every time I check past history it seems to perform badly

I checked over the stocks mentioned by the OP.
Most were de-listed and those still trading again
tanked in the year 2008 remaining below previous highs.

Don't like it as a forward indicator.
 
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