TIH 0.00% 0.0¢ tillegrah limited

why Siegfried Konigs bought totally 11M shares?

  1. 3,462 Posts.
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    can someone explain why Siegfried Konigs bought totally 11M shares worth of $240K from market since 2015/July if he know that LWP has no future? he didn't sell any shares so far.
    SP down to 0.004 cents now, paper lose is $133.9k already. is Siegfried really stupid?

    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6
    0   bought shares at price value $ bought on  
    1 Siegfried Konigs 3,300,000 0.006 19800 1st February 2016 on market
    2 Siegfried Konigs 2,000,000 0.009 18000 2-Oct-15 on market
    3 Siegfried Konigs 2,000,000 0.01 20000 11th September 2015 on market
    4 Siegfried Konigs 7,777,778 0.008 62222.22 26-Aug-15 on market
    5 Siegfried Konigs 11,419,592 0.0105 119905.7 29-Jul-15 on market
    6 total 26,497,370   239927.9$    
 
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