Jupiter Mines director Brain Gilbertson’s investment vehicle Pallinghurst has bought more than 180 million ordinary shares as of November 8 through off-market trades, increasing the current shareholdings to more than 293 million ordinary shares. These shares hold the value of more than $39 million.
Aquila Resources and Intrepid Mines were the only disposals during the past two weeks. Intrepid Mines director Bradley Gordon sold more than 2.9 million ordinary shares worth more that $5.79 million. Aquila Resources director Derek Cowlan disposed of 1.25 million shares for more than $12 million.