Some of the previous board of NXR and associates belong to a group of directors who are appointed to companies usually with a change in activity of the said company with shares allotted and/or performance based shares. So are sophisticated investors.
Google top 20 names of companies where they’ve been directors & ASX and you’ll see the pattern.
Btw No 11 on top 20 list (Jurman invest account)
Off market t/fer to Coral Brook (Paul Lloyd of Hawkstone)
And Paul Jurman appt company secretary of Hawkstone in March 2018.
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Ann: Quarterly Cashflow Report, page-10
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