yes they were REAL bids.... the last bid that came in around the last 10-20mins of trade today still had nearly 500,000 shares to buy @ .415c lets hope he/she has to buy @.42 and above.
Ian Davies is pretty smart and doing very well in Oil + Gas + Gold shares.
Here is a little research I happened to come across,
Take a LOOK at DRM (Doray Minerals gold miner) ID is in the top 10 or 20 shareholders list....he definitely is a smart cookie, spreading his wealth.
but as always DYOR. ;-)
SXY Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held