Each of the 2 directors purchased 50 mil shares @ 2cents = $1 mil. Sold 45 mil shares @ 3.5 cents = $1,608,067. Purchased 15 mil shares @ 3.4 cents = $512,500.
Nothwithstanding the holdings they had already: they tipped out $1,512,500 to buy 65 mil shares. They sold 45 mil shares for $1,608,067, so they are $95,567 in cash profit.
They now have 20 mil shares with a notional value of 3.2 cents, or $640,000. Their cash position is improved by $95,567, so they have profited $735,567 each.
They each have $5.4 mil stock on conclusion.
Textbook trading. Winners are grinners
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $6.011M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $12.38K | 6.094M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 122 | 100248009 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 45713681 | 51 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| OVT (ASX) Chart |