He ceased to be a substantial holder November 26 last year …[ref]
….. exactly six months ago to the day
….. when the price was much the same as it is now?
This was his next step after announcing he has increased his position from 5.15% to 6.19% on February 6, 2020 [ref] following an 11c per share placement for about $2.1m completed February 6, 2020.
Prior to that - in November 202o Retzos interests first announced substantial holder status, and you can time travel back to then [here] to discover some useful research regarding a KFC empire and @Therookie88 ‘s discovery he has likely been around from the start.
So practically a director @Parma .. of the non non executive kind?
It seems he and his family may have already done well from TMT and feel comfortable that recent prices now offer an ideal time to top up rather than exit?