This is very strange as this holding company has never appeared on the substantial holders list:
http://www.pel.net.au/images/peninsul---ielenaezoh.pdf 31st January 2019
http://www.pel.net.au/images/peninsul---vaangeixah.pdf 31st December 2018
Also the 14 million share volumes sold on the "Open Market" do not represent the volumes being sold around that time. This must have been a block sale.
Looking at the individual holders, could this be a holdings company positioning themselves against possible s232 implications?
Seems quite a mystery with all the progress and potential milestones around the corner.
What is encouraging is despite this holding company and URA bailing out the share price has rallied
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