Mader Group Limited (ASX:MAD) Insider Luke Mader Sells 10,000,000 Shares

Mader Group Limited (ASX:MAD) insider Luke Mader sold 10,000,000 shares of the firm’s stock in a transaction dated Wednesday, June 19th. The shares were sold at an average price of A$6.15 ($4.10), for a total transaction of A$61,500,000.00 ($41,000,000.00).

Mader Group Stock Performance

The company has a quick ratio of 1.40, a current ratio of 1.92 and a debt-to-equity ratio of 47.91.

Mader Group Company Profile

Mader Group Limited, a contracting company, provides specialist technical services in the mining, energy, and industrial sectors in Australia and internationally. It offers fabrication and line boring, electrical services, mechanical maintenance, and component exchange; infrastructure maintenance, rail services, power generation and marine, road transport maintenance, maintenance project, specialised tool hire, clean team, maintenance centre, and training and mentoring services.