Would have been stunningly bad luck if true. They claim to have sold 1.19m between 9/6/23 and 7/7/23.
According to Commsec the entire volume in this period was 1.9m.
Of course they held something like 3.5m so they could have easily have dropped another 2.3m on July 10 at up to $0.39 when they were no longer substantial and not required to report.
I had their average price at something like $0.20 so I suspect they're clear with a modest profit for 14 month's work.
Ann: Ceasing to be a substantial holder, page-6
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