Ann: Market Update , page-45

Orbis usually do not sell their holdings before they had made some profits. So at least they will lock (freeze) close to 19% of shares in circulation thus reduce the liquidity and less violate.. Once you reach over 20%. You can still buy certain amount under 2% ?? for every 12 months.

My guess is share consolidation (might be 10 to 1) is likely to come after announcement of special dividend. Otherwise the management will get serious back flip from shareholders.