CAPITAL MARKETS

Executive chairman Sanders buys more Breaker shares

BREAKER Resources executive chairman Tom Sanders has spent nearly A$130,000 buying shares this week on market in the wake of the widespread investor disappointment with Breaker’s maiden resource estimate last month.

 The gloomy market response to Breaker's maiden resource estimate is seen by executive chairman Tom Sanders as an opportunity to buy shares in the company.

The gloomy market response to Breaker's maiden resource estimate is seen by executive chairman Tom Sanders as an opportunity to buy shares in the company.

Sanders, who already held about 21 million shares (or about 14% of the company), bought a further 446,000 shares at an average price of 28.5c. That represents about half the price the stock was trading...

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