Wesfarmers chief executive Richard Goyder and director James Graham have shown their support for the company’s retail entitlement offer which raised some $1.8 billion. Mr Graham was the big spender, buying $5.9 million worth of shares, while Mr Goyder spent just more than $3 million. However, the pair then shed some $4.1 million worth of shares on the market. Prolific director Michael Kiernan has been busy with trades in Redbank Mines. His company, Stirling Resources, spent $870,000 buying 43.5 million shares in Redbank, while his private investment vehicle, Crawley Investments, disposed of 38.5 million Redbank shares worth $770,000 in off-market trades.
