Ann: Change in substantial holding, page-9

I expect to see another change in substantial holding for The Bank of New York Mellon Corp. shortly.
The 3 institutions that have been selling Kazia shares (KZA) since the placement on 8 April 2020, are meeting a demand from the US investors.
On 8 April 2020 the approx. exchange rate AUD / USD = 0.62, today's rate = 0.655. ie increase of 5.65%.
These institutions were always going to transfer the shares to the us holders because the us holders were excluded from both of the capital raising placements.

Regards