Find any Australian or New Zealand company or fund (dead or alive) by using SEARCH above or go directly to the site:
See notes below for why you should follow directors' transactions
Latest director's on-market sharePurchases and Sales
|MAGNIS RESOURCES LIMITED. (MNS)||Marc Vogts||21 Sep 18||300,000||$0.334||$100,050|
|SULTAN RESOURCES LTD (SLZ)||Jeremy King||21 Sep 18||97,883||$0.189||$18,483|
|AP EAGERS LIMITED (APE)||Nicholas Politis||20 Sep 18||37,761||$7.770||$293,403|
|SEQUOIA FINANCIAL GROUP LTD (SEQ)||Scott Beeton||20 Sep 18||27,617||$0.330||$9,114|
|SKYFII LTD (SKF)||Andrew Johnson||20 Sep 18||36,842||$0.190||$7,000|
|NETCOMM WIRELESS LIMITED (NTC)||Jacqueline Korhonen||20 Sep 18||26,463||$0.753||$19,919|
|CLARIUS GROUP LIMITED (CND)||Garry Sladden||20 Sep 18||65,000||$0.055||$3,575|
|ALTIUM LIMITED (ALU)||Raelene Murphy||20 Sep 18||1,000||$25.828||$25,828|
|SILVER CHEF LIMITED (SIV)||Bede King||20 Sep 18||5,000||$1.901||$9,505|
|THE A2 MILK COMPANY LIMITED (A2M)||Jayne Hrdlicka||20 Sep 18||-357,232||$11.184||$3,995,140|
|HARVEY NORMAN HOLDINGS LIMITED (HVN)||Gerald Harvey||20 Sep 18||990,915||$3.445||$3,413,727|
|BASS METALS LTD (BSM)||Peter S. Wright||20 Sep 18||1,000,000||$0.027||$27,000|
|SEALINK TRAVEL GROUP LIMITED (SLK)||Terry Dodd||19 Sep 18||-56,288||$4.300||$242,038|
|NATIONAL VETERINARY CARE LTD (NVL)||Tomas Steenackers||19 Sep 18||42,000||$2.300||$96,600|
|SEVEN WEST MEDIA LIMITED (SWM)||Michael Ziegelaar||19 Sep 18||10,000||$1.025||$10,249|
|MEMPHASYS LIMITED (MEM)||Marjan Mikel||19 Sep 18||2,000,000||$0.014||$28,000|
|MCGRATH LIMITED (MEA)||Peter Lewis||19 Sep 18||50,000||$0.340||$17,000|
|SMARTGROUP CORPORATION LTD (SIQ)||Devendra Billimoria||19 Sep 18||8,997||$12.030||$108,234|
|METCASH LIMITED (MTS)||Anne Brennan||19 Sep 18||21,000||$2.839||$59,628|
|REDFLEX HOLDINGS LIMITED (RDF)||Adam Gray||19 Sep 18||984,414||$0.500||$491,957|
Our website shows:
the last 20 transactions reported through ASX (as above). Very small transactions are ignored.
the last five on-market share dealings by directors on a company-by-company basis. (find these by searching on the company)
Directors buying - what does it mean?
A director buying is probably a better indicator of a potential rise in value than a sale is of a potential fall in value. It is hard to imagine a director buying a significant parcel of shares on-market in the knowledge that they may lose value. Rather, they think the stock is undervalued and they expect it to go up. The bigger the purchase, the better the indication, and more so if it adds to an already large holding.
Directors selling - not so critical
A sale should not necessarily be cause for alarm as there are any number of good reasons for a director to sell. They may wish to diversify their holdings, buy their spouse a car, pay off a mortgage or purchase a home.
Having said that, we are wary when an individual director, or a number of directors, are selling down over a period of time. That may be an indication of a potential fall in value. Sales by directors where key executives are departing the company are another thing to watch for. We also often see a greater number of director sales when a stock looks expensive.
How to respond to the buying and selling
On balance it is preferable to see a director buying rather than selling shares on-market.
But there is no hard evidence (to our knowledge) that suggests you should blindly follow directors' share transactions. Watch for patterns. Look at the circumstances. Does the stock look cheap and may that be the reason for a buy. Conversely are directors selling a bit more often when a stock appears to be expensive?
We carry these transactions for the purpose of serving as a guide to buying or selling your own shares. But remember there are other very significant indicators such as a good record of earnings, solid balance sheet, company prospects, competent management etc, etc.
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