Ann: Appendix 4E & Annual Report for Year Ending 31 December 2022, page-3

Worth a look at the recentTop#20 and the number of new small / micro cap managers that are now on the register! One would expect that they have done their homework on DLT and understand the opportunity from here.

New Top20 - includes ~ 5 small / micro cap managers vs only 1 in the previous report + an "investment house". In regards to many of the longer-term shareholders, a handful had chosen to top up during the year, possibly during the sell down of the major shareholder + a few new names picking up 10mil+ shares to the register:
- Pither Investments going from 5.75mil to 19.449mil
- Caldwell Staff a/c going from 5.75mil to 14mil
- Perry Rosenzweig going from 5mil to 13.5mil in total

Merchant Opportunities Fund & Cukierman & Co Investments House Ltd have made the choice to remain at the same position vs take advantage of the recent liquidity offered to average down.

It's now an interesting register to say the least. Not often you would see this many funds invested in company of this size EV.



Old Top#20