Ann: Atzam 4 - Testing Update , page-12

Question.... re-phrased from my last post.

If LAR were selling... shouldn't there be a Notice of Substantial Holders Change issued.... given that they hold about 55 million of issued shares?

Have not chased Top 20 on this... as smaller sum invested (lazy of me).

Last ASX Top 20 issued was before initial vendor issue I believe.

If vendor issued were in multiple names (to avoid 5%)... there would be some "issues" there...? Not a good look.

Or.. are LAR exempt to notify on sale... or have i missed something?

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If LAR hold... then weakness would be traders... free-carries de-risking... those in from 1's and 2's... insiders bailing if well is a dud... those readjusting even targets on success. Just cant see why LAR would be selling at this stage.... with CTR funding a large portion of wells and LAR on the ground.

Can anyone shed any light?

bsh