Hey Gareth, sorry, I didn't think you were suggesting that he's sold down his holding. (I mean, pretty sure we've all read that book and know how it ends).
I was just a bit surprised given historical commentary around AB's holdings and the fact that he continues to accumulate and hold, and doesn't seem to sell any. Ever.
Mind you, it's no skin off my nose if he did in fact 'sell' 1mill @ 18c when at the time he was holding over 80mill AJM shares - who knows what that 'off-market transfer' was about. I mean it was back in 2012 (not 2011) and we know how often he's put his hand in his pocket to show his support for Altura since.
Found the App 3Y when I scrolled back through HC. Dated 29/06/2012:
Date of change 25 & 27 June 2012
No. of securities held prior to change
Direct: 41,825,427 Ordinary Shares 1,000,000 Unlisted Options Indirect: 41,321,418 Ordinary Shares
Number disposed Direct: 1,000,000 Ordinary Shares
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation 18 cents per share
Again, wasn't trying to argue with you - just thought it was a bit unusual. Nothing more, nothing less.
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