On-market share trading by directors quietened down this week with the bulk of transactions relating to rights issues, share purchase plans or exercise of options, among others.
On-market share trading by directors quietened down this week with the bulk of transactions relating to rights issues, share purchase plans or exercise of options, among others. The week's standout transaction went to Gippsland chairman Ian Gandel, who spent more than $1.7 million participating in the company's recent capital raising to lift his interest to about 24 per cent. Quickstep Holdings executive director Dale Brosius sold $62,000 worth of shares on market to satisfy income tax obligations in the United States related to income associated with the initial receipt of his shares. Fox Resources chairman Terry Streeter continued his share dealings in the company, spending $850,710 in the past week to lift his interest to 18.04 per cent.
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