Movers, shakers and market makers
Action aplenty as optimism rises
Directors’ dealings signal confidence in a range of companies, while the A2X auction platform has shown a notable uptick in activity
Halfway into the year, market movers and shakers are as busy as ever. If you haven’t been checking the Sens lately, here’s what you’ve missed.
In a show of confidence, Altron CFO Carel Snyman purchased 35,000 shares for a total of R841,449.50. This on-market transaction is a positive signal from the executive suite, after some promising numbers for the year to end-February. A noteworthy transaction comes from Bidvest Group, where CEO Mpumi Madisa made an investment of more than R10m to acquire 41,460 shares. A purchase of this magnitude from a top-level executive is a powerful statement of belief in the company’s valuation and its capacity to continue generating good returns...
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