Ann: 3Q24 Trading Update - MONEYME Executes Key Strategies, page-4

Perennial had ~61m shares remaining (~7.7% of total shares) after they sold down a ~3% on the 18th of April

If I had to hazzard a guess, it seems they have totally sold out at 7c (~$4.3m for total block trade). The buyer was Somers last time, but I thought they were restricted from a further purchase without a formal takeover bid (although perhaps there are special circumstances).

We should see a substantial change notice whoever the buyer/seller is given the ~7.5% change and perhaps that might provide some insight into what is happening in the background with this large shareholders (at 56m MC and ~10m in annual profits in 'steady state' mode it seems like a decent option for a cashed up acquirer in the same space....although not sure there is anyone in the fintech space that is 'cashed up')