Ann: Becoming a substantial holder, page-5

First Sentinier are tied in with MUFG ,see link.

https://www.firstsentierinvestors.com.au/au/en/individual/home.html
So could be just the same game instead of 'three' individual punters. i have to assume they would be doing business with WES somewhere and may just be securing shares so he WES dont have to offer anymore than they have. I hope i am wrong but i also couldnt imagine any co. in the financing world would not want to pith off Kerry or get him offside.
I also would be surprised if Sentiers/ MUFG would be concerned about a few cents in Franking.