Murray Boyte has acquired another 17,234 shares and Greg Paramor 72,760 shares, the affordable rental accommodation provider told the Australian Stock Exchange.

Eureka Group, which was subject to a takeover offer from Aspen Group, which subsequently pulled out, has “terrific momentum” according to CEO Cameron Taylor.

Eureka Group’s shares were bought when the share price was 0.44.

Eureka reported a HY23 profit after tax of $7.75 million on 28 February. The group has a market capitalisation of $132.47 million and 2,700 rental units. It is doubling the size of its village in Brassall, Ipswich, 40km southwest of Brisbane’s CBD, and is solely a rental village operator.

Murray acquired the shares via the Boyte Super Fund with a value of $7,634. The Boyte Super Fund now holds 1,155,247 shares and the Boyte Investment Trust No.1 holds 31,250 shares.

Greg acquired $32,189 of shares via Tolani Estate, which is a director and shareholder of Eureka. Tolani Estate now holds 4,804,367 shares and Paramor Super Pty Ltd  796,875.