Ann: Application for quotation of securities - NIS, page-9

That's right, it is 2 lots and as mentioned, it equates to an average just under 9c
They are buying on market and lowering averages even more IMO
One thing I do not like is the lack of Substantial Holder releases or updates in Directors Interests because all this ISN'T retailing
From previous releases we can see Insiders have exercised options, added more cash to the bank and partook in the placements so they are supporting it with their own cash, all I am saying is I feel like UPDATES ARE LATE as they already pre-position themselves first before disclosure.
Hence I feel the base is forming and by the time noise is seen, it'll be from daytraders on a 20% spike nearing 10c as a sell signal