Personally, think it is somewhat telling that Vanguard were not...

Personally, think it is somewhat telling that Vanguard were not listed in the TOP 20 in the 2024 annual report, ipso facto the 5% threshold or ~63m shares has been accumulated since that time. Few things to consider:


1) they may have participated in the raise recently as part of taking a positon, but clearly below the 5% threshold and not at the full amount
2) MSB represents at most 0.1% by MC of the ASX, so even if they were forced to buy the index its nowhere near 5%. Happy to be corrected on this logic
3) One cant accumulate 5% without pushing up the price, which might explain shorting as an instrument to support accumulation and transfer of shares from impatient/nervous retail to big funds.....it's what i would do if i had the means.
4) explains the sp not shifting despite a range of price sensitve positive announcements recently
5) Also capitalises on the timeframe in which GG cant buy

GLTAH
V

I know that prima facie its wanky but alos wanted to use ipso facto in a post