User @MickySea posted on this https://hotcopper.com.au/posts/39767961/single
"S3 is for warrants, see here: https://www.asx.com.au/documents/products/Attachment_F_-_ASX_Operating_Rules_Procedures_Amendments_due_to_MIRs_AGBs.pdf So it's probably the likes of UBS or Citibank or whomever buying in bulk so they can "borrow" to shorters (at least that's how I understand it)."
I think he means 'lend' to shorters. I remember there was chat in the past of ISX being a shorter's favorite. Perhaps we may see that again, with a corresponding drop in share price.
ISX Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held