you will find if you dig a bit deeper,they have just over 5% in at least one other company. a couple of months ago,i got curious too and at that time the co. name had just been reserved in NZ
obviously not as small as you suspect 5% here is around $3m. last month,can't remember the co(feel like i've seen a few substantial notices from them),but that was more like $5-7m from memory.
So maybe they've got around $5m a month to invest or more.
If they're picking up positions where i've been looking then they are buying conservative upside value and certainly buying before me.
DYOR+DYODD
AXM Price at posting:
1.0¢ Sentiment: None Disclosure: Held
