ALK 2.91% 50.0¢ alkane resources limited

Ann: Quarterly Activities Report, page-46

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    Does anyone know off hand long has Ian Gandel been selling please and at what prices …..
    If not I’ll look it up.
    What I did see just now was a Pro active report that back in May 2021 he was buying on market - and spent almost $3m on shares at 85.91c each. *
    Surely - given the Gandel empire - he doesn’t need the money although I guess if he has been long-holding a gazillion shares that cost near zero from way back, that $2m+ spend in 2021 for 3.4 million new shares may have not moved his average price much at all …

    cheers

    * http://tinyurl.com/4hm8yaaa
    06/05/21 Alkane Resources chairman Ian Gandel buys shares worth $2.92 million
    …..”non-executive chairman Ian Gandel has shown confidence in Alkane’s ambition of becoming Australia’s next multi-mine gold producer by acquiring shares worth $2.92 million.
    Gandel purchased 3,400,000 shares in on-market trades at an average price of 85.91 cents per share for a total consideration of $2,920,940, taking his holding in Alkane to more than 150 million shares in indirect interests”…



    CheerS
    Last edited by sabine: 29/01/24
 
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