Director Transactions

Insider Trades: 20 small cap directors buying company shares

Thu 09 Mar 23, 11:13am (AEDT)
City towers behind a blue sky
Source: iStock

Key Points

  • BetMakers' new CEO starts buying company shares
  • Thorney Technologies founder has made 89 purchases since March 2020
  • A fundie is starting to accumulate a stake in brokerage platform Selfwealth

A summary of director transactions for small cap companies valued at over $20,000 between 27 February to 8 March.

Top small cap insider buys

Code

Company

Date

Director

Type

Price

Value

Notes

BET

Betmakers Technology

1/03/23

Matthew Davey

Buy

$ 0.20

$ 306,000

On-market trade.

BET

Betmakers Technology

3/03/23

Matthew Davey

Buy

$ 0.20

$ 292,108

On-market trade.

HAS

Hastings Technology Metals

1/03/23

Charles Lew

Buy

$ 2.46

$ 265,958

On-market trade.

TEK

Thorney Technologies

3/03/23

Alexander Waislitz

Buy

$ 0.20

$ 225,750

On-market trade.

CYG

Coventry Group

3/03/23

Alexander White

Buy

$ 1.05

$ 147,667

On-market trade.

CYG

Coventry Group

1/03/23

Alexander White

Buy

$ 1.05

$ 128,823

On-market trade.

FRM

Farm Pride Foods

28/02/23

Gavin De Lacy

Buy

$ 0.06

$ 103,136

On-market trade.

TRJ

Trajan Group

28/02/23

John Eales

Buy

$ 1.89

$ 89,016

On-market trade.

RED

RED 5

3/03/23

Andrea Sutton

Buy

$ 0.14

$ 67,709

On-market trade.

NET

Netlinkz

1/03/23

James Tsiolis

Buy

$ 0.02

$ 40,000

On-market trade.

SWF

Selfwealth

28/02/23

Emanuel Datt

Buy

$ 0.19

$ 38,536

On-market trade.

RED

RED 5

2/03/23

Ian Macpherson

Buy

$ 0.13

$ 37,345

On-market trade.

SOM

Somnomed

28/02/23

Amrita Blickstead

Buy

$ 1.15

$ 32,566

On-market trade.

FRI

Finbar Group

28/02/23

John Chan

Buy

$ 0.64

$ 32,000

On-market trade.

AYA

ARTRYA

1/03/23

Catherine Hill

Buy

$ 0.35

$ 31,095

On-market trade.

BEX

Bikeexchange

1/03/23

Dominic O'Hanlon

Buy

$ 0.01

$ 28,550

On-market trade.

AKG

Academies Australasia

2/03/23

Christopher Campbell

Buy

$ 0.34

$ 24,688

On-market trade.

MIL

Millennium Services

28/02/23

Darren Perry

Buy

$ 0.40

$ 23,754

On-market trade.

SHJ

Shine Justice

2/03/23

Graham Bradley

Buy

$ 0.75

$ 22,350

On-market trade.

XRG

Xreality Group

3/03/23

John Diddams

Buy

$0.05

$22,089

On-market trade.

BetMakers: New CEO loading up

BetMakers announced a management restructure on 31 January where Tekkorp Capital's Matt Davey was appointed as Group President and Executive Chairman. Davey was a former member of the BetMakers board and sold his stake in Australian bookie Betr to assume the new leadership role.

Between 1-3 March, Davey purchased a total of 3 million shares valued at $611,999 at 20.4 cents per share. That position is currently up a cool 15%.

Hastings Tech: An unloved rare earths explorer

Hastings is progressing the Yangibana rare earths project in WA which remains on track for first production in 2024. However, its share price has taken a turn for the worse, down 25% year-to-date compared to rivals Arafura Rare Earths (ASX: ARU) which is up 30% year-to-date.

Executive Chairman Charles Lew purchased another 108,000 shares valued at $265,958 at $2.46 per share. This marks the first director transaction since October 2022.

Has vs ARU
Hastings Technology (Black) vs. Arafura (Orange)

Thorney Technologies: Aggressive director buying

Thorney Technologies is a listed investment company (LIC) with a 'broad mandate to invest in technology-related investments at all phases of the investment lifecycle'. The LIC previously reported net tangible assets per share of 34.8 cents (as at 31 December 2022) and currently trades at 20 cents.

Interestingly, Chairman Alexander Waislitz purchase the company's stock 89 times since March 2020. He's accumulated 40 million shares at an average price of approximately 28 cents for $19.8 million.

Related Tags

Written By

Kerry Sun

Content Strategist

Kerry holds a Bachelor of Commerce from Monash University. He is an avid swing trader, focused on technical set ups and breakouts. Outside of writing and trading, Kerry is a big UFC fan, loves poker and training Muay Thai. Connect via LinkedIn or email.

Get the latest news and insights direct to your inbox

Subscribe free