i assume they (VM) wanted to reassure small shareholders the mgt still like the (value/price of the) company so he made some small purchases knowing he would be selling a large parcel to buy his house.
However since 2nd march 2020 VM has purchased (mostly on market with some via share purchase plan) a total of 421,860 shares at a total cost of $2.624 M.
an average cost of $6.22
selling 231,444 @11.13 = $2.575M
so good on him.
i wonder if that was the purchase price or merely the deposit (after paying some capital gains tax) with a mortgage on those low interest rates Nick mentioned above. And the remaining shares (via dividends will pay for the mortgage - along with his salary)
i assume they (VM) wanted to reassure small shareholders the mgt...
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Last
$10.65 |
Change
-0.050(0.47%) |
Mkt cap ! $1.920B | |||
| Open | High | Low | Value | Volume |
| $10.65 | $10.71 | $10.56 | $3.030M | 284.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 37550 | $10.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.66 | 1628 | 2 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$10.60 |
Change
-0.050 ( 0.73 %) |
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| Open | High | Low | Volume | ||
| $10.67 | $10.71 | $10.58 | 42264 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| DDR (ASX) Chart |