Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-13

If the founding-existing shareholder who has made this strategic investment is indeed Rob Newman, whom I have met a couple of times and followed for years through the evolution and growth of QPSX/IPernica/Nearmap then he is certainly not crazy. I would say savvy and very astute. Particularly if you look back and see that he is possibly recycling funds from 2021 when he lightened his holdings during the hype phase (likely at better than 0.50 per share) as, with hindsight, many on here perhaps wish they had done.

Whilst no longer on the Board, he is still close to the action - so this would be a classic insider buy signal that carries much greater weight than the previous Bevan Slattery investment in my opinion.