Thank you. Useful to know the differences between technical rules and what happens in reality. While I've been investing in NZ for several decades, I'm newer to the Australian market.
So while TLEA itself isn't (or shouldn't) buying, we can't really rule out someone with close links to TLEA being the buyer. Unfortunately given the size of TLEA's operation, that could be any number of entities so back to square one on who might be buying. Anyone with half a brain also knows that broker data is available so if there is a single large buyer, the orders are likely to be placed through multiple brokers.
Ann: Essential and TLEA to enter into Scheme of Arrangement, page-34
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