Fairfax article, page-15

Plus 161,365,764 sale orders @ 0.003, about 400 mil shares were dumped into the retail market this afternoon.

However, since CGB does not announce significant shareholder changes in time, there can be a few alternatives to explain the escape.

You are mostly right in that large shareholder(s) are escaping.

According to the annual report at 16 Sep 2021, they are likely 1. LBT CORP PTY LTD 279,358,358 4.88 2. VOLCAN AUSTRALIA CORPORATION 236,718,750 4.13 3. FIRST STATE PTY LIMITED 232,731,081 4.06 4. TRANSGLOBAL CAPITAL PTY LTD 146,934,652 2.57 5. 020428 PTY LTD 85,000,000 1.48.

It can also be the new annoymous 180 markets investor(s), whom CGB has not disclosed at all.

Timing of the escape may be related to the Fairfax report.