Ann: CKI Proposal APA Grants Due Diligence, page-23

"But the "opportunity" you are describing represents just one point in time."

Well, yeah but a somewhat blunted point so 'twas effectively an elongated opportunity in time approaching six months.

And if I was to describe it as you:
I'd say the opportunity presented was like a broken pencil_ pointless!

There is however an upcoming semi-annual precise point in APA time, about a fortnight hence from memory, when you'll want to be holding as many as possible to garner cash inflows thence to further deploy at will.

If funds want to collect that 24c distrib' then sell immediately into a bid/proposal rally, they'll need to have satisfied the ATO's 45 day[+2] rule by then or if they're buying today [17.3 million shares traded] they'll need to hold until 31st July.