Insider Selling: Australian Agricultural Projects Ltd (ASX:AAP) Insider Sells 46,866,075 Shares of Stock

Australian Agricultural Projects Ltd (ASX:AAP) insider Daniel Stefanetti sold 46,866,075 shares of the company’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of A$0.04 ($0.03), for a total transaction of A$1,968,375.15 ($1,253,742.13).

Australian Agricultural Projects Price Performance

The company has a quick ratio of 0.75, a current ratio of 1.54 and a debt-to-equity ratio of 53.75.

About Australian Agricultural Projects

Australian Agricultural Projects Ltd operates and manages olive groves in Boort, Victoria. It produces and sells extra virgin olive oil. The company was formerly known as Redisland Australia Limited and changed its name to Australian Agricultural Projects Ltd in February 2013. Australian Agricultural Projects Ltd was incorporated in 2003 and is headquartered in Melbourne, Australia.