Prominent Chinese agricultural company Dongfang Modern Agriculture Ltd insider Hong Cai bought 131,614 shares of the business’s stock in a transaction on December 31st. The stock was bought at an average cost of A$1.00 ($0.71) per share, with a total value of $93,343.
Shares of DFM opened at A$0.98 ($0.70) on Tuesday. The Dongfang Modern Agriculture Holding Group Limited engages in the cultivation and sales of various agricultural produce in the People's Republic of China.
The company produces citrus fruit tangerines, pomelos, navel oranges, camellia fruits and related products. It controls 21 plantations spanning approximately 10,760 hectares in the Ganzhou City District within the Jiangxi Province.