20mn buy at 14.5!, page-3

I have a theory that the S3Xt trades are bondholders transferring the 5c warrants off market for an undisclosed price to another entity. While the S3Xt trade is shown as going through at 14.5c, its not actually the transaction price.
We should see an Appendix 3B soon as the entity that bought the warrants off market exercise the warrants.

I believe the same applies to the bonds being converted. The first tranche converted was shown as going through at i believe 13.5c yet as we know from the substantial holder notices they were actually bought off market for 11.25c.