Insider Buying: Netlinkz Ltd (ASX:NET) Insider Buys 145,000 Shares of Stock

Netlinkz Ltd (ASX:NET) insider James Tsiolis acquired 145,000 shares of Netlinkz stock in a transaction that occurred on Tuesday, April 30th. The shares were purchased at an average price of A$0.11 ($0.07) per share, with a total value of A$15,225.00 ($10,797.87).

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

  • On Thursday, May 16th, James Tsiolis bought 60,000 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$5,220.00 ($3,702.13).
  • On Friday, May 3rd, James Tsiolis bought 55,000 shares of Netlinkz stock. The shares were bought at an average cost of A$0.09 ($0.07) per share, for a total transaction of A$5,060.00 ($3,588.65).
  • On Tuesday, May 7th, James Tsiolis bought 60,000 shares of Netlinkz stock. The shares were bought at an average cost of A$0.08 ($0.06) per share, for a total transaction of A$4,740.00 ($3,361.70).
  • 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).
  • On Wednesday, March 20th, James Tsiolis bought 400,000 shares of Netlinkz stock. The shares were bought at an average cost of A$0.04 ($0.03) per share, for a total transaction of A$14,800.00 ($10,496.45).

ASX:NET remained flat at $A$0.09 ($0.06) during trading hours on Thursday. 629,263 shares of the company’s stock traded hands. The stock has a market cap of $117.92 million and a P/E ratio of -6.14. Netlinkz Ltd has a 12 month low of A$0.02 ($0.02) and a 12 month high of A$0.15 ($0.11).

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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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