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.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...