Insider Buying: Netlinkz Ltd (ASX:NET) Insider Purchases 400,000 Shares of Stock

Netlinkz Ltd (ASX:NET) insider James Tsiolis acquired 400,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The shares were purchased at an average cost of A$0.04 ($0.03) per share, for a total transaction of A$14,800.00 ($10,496.45).

James Tsiolis also recently made the following trade(s):

  • On Tuesday, April 9th, James Tsiolis bought 115,000 shares of Netlinkz stock. The shares were bought at an average cost of A$0.09 ($0.06) per share, for a total transaction of A$10,005.00 ($7,095.74).
  • On Thursday, April 4th, James Tsiolis bought 75,000 shares of Netlinkz stock. The shares were bought at an average cost of A$0.06 ($0.05) per share, for a total transaction of A$4,800.00 ($3,404.26).
  • On Tuesday, April 2nd, James Tsiolis bought 300,000 shares of Netlinkz stock. The shares were bought at an average cost of A$0.07 ($0.05) per share, for a total transaction of A$19,800.00 ($14,042.55).

Netlinkz stock traded up A$0.01 ($0.01) during midday trading on Friday, reaching A$0.11 ($0.08). The stock had a trading volume of 8,545,993 shares. Netlinkz Ltd has a 12 month low of A$0.02 ($0.02) and a 12 month high of A$0.14 ($0.10). The firm has a market capitalization of $152.31 million and a price-to-earnings ratio of -7.86.

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About Netlinkz

Netlinkz Limited provides cloud network solutions. The company provides Virtual Invisible Network based software that allows organizations to connect sites, devices, and staff over the Internet. It sells its products through reseller primarily in Nanjing and Wuxi. The company was formerly known as iWebGate Limited and changed its name to Netlinkz Limited in October 2016.

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