The last couple of months have seen a some large increases in...

The last couple of months have seen a some large increases in Directors activity which gives lot of clues as to what stocks are maybe undervalued.

CMO was noted by an Australian online magazine (Smart Company) as one of the top 3 fastest growing Telco companies in Australia. AND...As mentioned below, the directors are taking an active interest in their company..A Good TellTale sign of things to come...You would think.

Below are some transactions of directors that have been actively purchasing shares in their own companies. CMO directors have purchased over $500K of their own shares.


Recent transactions over $200K in value


Date Ticker Director Volume Price Value Action
14/04/2008 DBS Vernon Wills 500,000 $0.50 AUD250,000 BUY
14/04/2008 UMS Philip Cornish 220,000 $0.91 AUD200,178 BUY
11/04/2008 MRE Willy Strothotte 462,634 $5.98 AUD2,764,562 BUY
10/04/2008 MRE Willy Strothotte 137,082 $5.99 AUD820,614 BUY
9/04/2008 MRE Willy Strothotte 50,284 $5.99 AUD301,161 BUY
9/04/2008 PBG Andrew Cummins 125,000 $1.79 AUD223,295 BUY
7/04/2008 PGA Timothy Hughes 100,000 $3.50 AUD350,000 BUY
7/04/2008 OCE David Kingston 503,196 $0.45 AUD226,438 BUY
4/04/2008 MRE Willy Strothotte 377,948 $5.99 AUD2,263,228 BUY
3/04/2008 MRE Willy Strothotte 621,715 $5.98 AUD3,720,343 BUY
3/04/2008 CMO Kevin Weldon 2,727,309 $0.11 AUD300,004 BUY
3/04/2008 FRI John Chan 500,000 $0.57 AUD285,000 BUY
3/04/2008 CMO Roger Steinepreis 1,818,200 $0.11 AUD200,002 BUY
3/04/2008 SNO David Guy 649,810 $0.60 AUD389,886 BUY