The management used the turn of the year to buy shares.According to several mandatory announcements on the Australian Stock Exchange, David Sargeant, a member of the FYI Supervisory Board, has acquired around 1 million shares in the market.
His investment was around AUD 0.06 around 64,000 AUD.Sargeant is one of the main shareholders of FYI and now holds around 9.7 million shares.Prior to that, Roland Hill, Managing Director and FYI's largest single shareholder (currently approx. 12.4 million shares), had already acquired shares in his own company.
A vote of confidence in your own company!
FYI Price at posting:
6.2¢ Sentiment: Hold Disclosure: Held