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
|WHITEFIELD LIMITED (WHF)||Will Seddon||20 Nov 17||10,000||$4.790||$47,900|
|WHITEFIELD LIMITED (WHF)||Lance Jenkins||20 Nov 17||14,000||$4.790||$67,060|
|ARGO GLOBAL LISTED INFRASTRUCTURE LIMITED (ALI)||Gary Simon||20 Nov 17||10,000||$1.840||$18,400|
|NINE ENTERTAINMENT CO. HOLDINGS LIMITED (NEC)||Janette Kendall||20 Nov 17||10,000||$1.510||$15,100|
|IVE GROUP LIMITED (IGL)||Paul Selig||20 Nov 17||50,000||$1.960||$98,000|
|DANAKALI LIMITED (DNK)||Seamus Cornelius||18 Nov 17||5,138||$0.160||$822|
|UIL ENERGY LTD (UIL)||John De Stefani||17 Nov 17||434,176||$0.031||$13,537|
|PIEDMONT LITHIUM LTD (PLL)||Keith D. Phillips||17 Nov 17||94,444||$0.206||$19,479|
|FOLKESTONE EDUCATION TRUST (FET)||Victor Cottren||17 Nov 17||-175,000||$2.870||$502,250|
|CYCLOPHARM LIMITED (CYC)||David Heaney||17 Nov 17||12,942||$0.960||$12,424|
|RESONANCE HEALTH LIMITED (RHT)||Simon Panton||17 Nov 17||759,275||$0.022||$16,584|
|METGASCO LIMITED (MEL)||Philip Amery||17 Nov 17||50,000||$0.052||$2,600|
|GOWING BROS LIMITED (GOW)||Jonathan West||16 Nov 17||56,547||$3.214||$181,735|
|AP EAGERS LIMITED (APE)||Nicholas Politis||16 Nov 17||18,788||$7.549||$141,832|
|THE CITADEL GROUP LIMITED (CGL)||Peter Leahy||16 Nov 17||44,000||$6.018||$264,810|
|PACIFIC AMERICAN COAL LIMITED (PAK)||Geoffrey Hill||16 Nov 17||100,000||$0.033||$3,300|
|MEDICAL DEVELOPMENTS INTERNATIONAL LIMITED (MVP)||Allan McCallum||16 Nov 17||-120,000||$7.010||$841,200|
|ASTIVITA LIMITED (AIR)||Lev Mizikovsky||16 Nov 17||20,000||$0.065||$1,300|
|AUSTRALIAN PHARMACEUTICAL INDUSTRIES LIMITED (API)||Mark Smith||16 Nov 17||30,000||$1.498||$44,932|
|TELSTRA CORPORATION LIMITED. (TLS)||Margaret Seale||16 Nov 17||26,000||$3.435||$89,310|
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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