Norgard and Newman picking up what Nixon is disgarding. Supertramp is correct to suggest Nixon's purchase of 1.5m @ 10 cents appears nearly as unwise as mine. Let's hope he isn't intending to dump all his holding.
I can understand Norgard wishing to prop up the SP as he has a substantial holding, and if Nixon placed a sell order for 3.5 million shares without a buyer I dare say the SP could have fallen below a single cent.
Newman on the other hand is quite a different proposition; his buying is harder to fathom.
Until we are told what achievements Crowther's crew have made (he's already told us they a doing stuff) then I would suggest we are left to summise that nothing much is happening. I'm sure he'd inform us if there was anything positive afoot.
IPR Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held