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
Retirement villages have Canberra’s attention – now the sector must prove its value
Three years after Daniel Gannon took the reins of the Retirement Living Council (RLC), the sector has achieved something his predecessor Ben Myers was never able to: national recognition in Canberra. This is just the fist step. Retirement villages now need to capitalise on this moment. Here’s how.
