Re: yesterdays ann. It was nice to see that the MD of StateOne Stockbroking bought so many shares on market over the last few months. Most paid at a higher price than the current sp.
StateOne were the sponsoring broker in Australis's ipo and for their trouble given 500,000 shares. The ann shows that the MD of StateOne now has bought up over 3.5million shares on market, almost 7% of the company. He seems to think that it's worth parking his money in Australis. I agree with him and will keep topping up as I can at these bargain prices.
happy fishing Wheeler
AAQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
