PHI Group Inc (NASDAQ:PHIL) CEO Henry Fahman Acquires 20,000,000 Shares

PHI Group Inc (NASDAQ:PHIL) CEO Henry Fahman purchased 20,000,000 shares of the firm’s stock in a transaction on Tuesday, July 25th. The stock was acquired at an average cost of $0.02 per share, with a total value of $400,000.00. Following the transaction, the chief executive officer now directly owns 25,728,347 shares in the company, valued at $514,566.94. The purchase was disclosed in a filing with the SEC, which is available at this link.

PHI Group Inc (PHIL) opened at 0.062 on Thursday. The firm has a 50-day moving average of $0.05 and a 200 day moving average of $0.07. PHI Group Inc has a 12 month low of $0.01 and a 12 month high of $0.65. The stock’s market cap is $918716.00.

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PHI Group Company Profile

PHI Group, Inc is a United States-based company, which is engaged in mergers and acquisitions (M&A) as a principal; investing in special situations, and providing advisory and consulting services to international clients. Its M&A advisory and consulting services include strategic and transaction advisory and consulting services related to acquisitions and divestitures.

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