Ramsay's Christopher Rex. Photo: Rob Homer

Overall director activity declined substantially this week thanks to reduced director selling.

The scorecard registered $6 million to $12 million in favour of sellers, compared with buying of $4 million and sales of $65 million previously.

Ramsay Health Care chief Christopher Rex headed the sellers' list when he peeled off 6 per cent of his stake, collecting $3.7 million.

He also picked up about $543,000 of stock under an incentive plan and he is now sitting on a handy $55 million of stock.

Advertisement

The estate of the late Paul Ramsay this month raised about $215 million through the sale of shares at $49 a piece.

Elsewhere, Donald McLay, chairman of Credit Corp, continued selling shares.

He has sold about $5 million worth of shares in the debt collection group in the last couple of months.

At last count, his interests held more than $16 million of stock.

Continued here:

Ramsay Health Care chief leads the sellers