Must confess I find it difficult to comprehend the logic of ORD...

Must confess I find it difficult to comprehend the logic of ORD (or anyone else)selling their shares
below orig. cost.( Unless they want to hold down the SP by sacrificing a few shares
(at a loss)with the aim of buying bigger nos. at very low SP.
So what is the ultimate plan of ORD and Hartleys ie when do they achieve the "prize".
Are they acting on their own behalf or silent clients waiting for a takeover of IRC ?
Obviously they know IRC is greatly undervalued.
EGS's shares orig. cost 12 cents as part of their entry into the IRC/Menzies JV so anything
realised above that is a nominal profit.
JP seems IMO unconcerned at all this believing the IRC "story" will all unfold naturally
by itself-Meanwhile not good for the day traders (excepting ORD and HARTLEYS).