Nordex Explosives Ltd V.NXX

A person or corporate trust is deemed to be an insider when-

[Bean_and_Dunn]

He she or it passes a 10% ownership in the target company. the JZT was most certainly above this threshold by year end of 2014. While I can appreciate that theymight not have had any specific information in regards to Nordex' health or financial condition, it is my belief that they should not have been purchasing shares after December 31, 2014.

Comment and opinions on this are most welcome.

B&D

[AbNormAl]

At this price level and over this extended period of time, one might have expected some insider buying (apart from Zucker).  Hopefully such lack of investment enthusiam will not be explained in the next reporting which should be any day now.

[Bean_and_Dunn]

Insiders whether they are JZT, directors or officers SHOULD NOT BE BUYING from the end of the quarter and until 2 days after the results are released. To do so is unlawful and causes harm to all other shareholders. This is part of the problem with Nordex's painfully slow release of results. The year end has not been reported and here we are with the first quarter finished and not