In fairness, the recent updates of requested Top 100 shareholders is clearly showing new accumulation.
As noted a few weeks ago, I was a forced seller. There are new names that have made the Top 100 - at least one that is now ahead of me, which wasn't there 3 months ago.
I haven't done a full reconciliation to track movements, but it is apparent there are some seemingly non-traders building large positions.
I assume a trader wouldn't accumulate a positiin of >1m shares...
Ann: AR9 Awarded $528k Contract with BAE Systems Maritime Aus, page-166
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