Insider Buying: GDI Property Group (ASX:GDI) Insider Acquires 50,000 Shares of Stock

GDI Property Group (ASX:GDI) insider Stephen Burns acquired 50,000 shares of GDI Property Group stock in a transaction that occurred on Wednesday, April 24th. The shares were purchased at an average price of A$0.61 ($0.40) per share, for a total transaction of A$30,300.00 ($19,934.21).

Stephen Burns also recently made the following trade(s):

• On Friday, April 26th, Stephen Burns purchased 50,000 shares of GDI Property Group stock. The shares were acquired at an average cost of A$0.60 ($0.39) per share, for a total transaction of A$29,800.00 ($19,605.26).

GDI Property Group Stock Performance

The company has a debt-to-equity ratio of 48.44, a quick ratio of 0.27 and a current ratio of 0.69.

GDI Property Group Company Profile

GDI is an integrated, internally managed commercial property investor with capabilities in the identification and execution of acquisition opportunities, and then the ownership, management, development, refurbishment, leasing, and syndication of assets. GDI is structured as a stapled security to enable it to participate in both the ownership of properties either directly (wholly owned) or indirectly (asset partnerships or co-investment stakes) via the Trust, and to receive earnings from fund management fees, car park operations, the provision of co-living accommodation, and development, via the Company.