Over the past 10 days two directors of FKP have also bought shares in the company, indicating an expectation of an increased price. Peter Brown bought 100,618 shares at $1.00 each in his own name, taking his total holding in FKP to 789,440 shares. James Frayne purchased 10,000 shares for he and his wifes superannuation fund at a cost of approximately $10,000. As of 5 November the shares were trading at $1.30, or 30% higher already.
Opinion
These new retirement villages show providing care is here and now
Gone are the days when retirement living was defined by community centres, swimming pools and bowling greens. While these amenities still exist – the provision of care is now a core part of the value proposition. Hyegrove Willoughby on Sydney’s...
