My understanding is that even though he has been buying up to 7.8c, he now owns less than 5% of the company due to dilution from the recent capital raise. Under the ASX rules, any shareholder who owns more than 5% is considered a substantial holder, which is no longer the case for him.
In any case, good to see big holders adding to their position!
My understanding is that even though he has been buying up to...
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