recap - undervalued asx iron ore explorer, page-16

You were right TaneNui, Passport were selling out in full. At the time, there was no indication of selling from two parts of their holdings (Norges and Blackwell).

The company have been updating the top 20 weekly. One of their holdings was for exactly 7m previously (Norges).

When that account started reducing, it became apparent that Passport were selling out in full.

All of Passport sales on 20th September were through Euroz and have been since.

Check the numbers from 21st onwards and there's a difference of 3.6m up to Friday (Passport held 15m total and Euroz have net sold 11.4m more before Friday).