Ann: Change in substantial holding-BRN.AX, page-9

Not sure do you but one thing I do know like myself plenty would have sold on market prior to reinvesting with BRN to help them hit there goals and m4
Those who didnt have enough share to warrant taking up there 1 in 26 entitlement had the opportunity to buy on market
So if you were like me an were comfortable with your exsposure and wanted to help monetize BRN then selling on market and using that money to take up my entitlement was a no brainer pun intended
Im just a bumpkin cafa but if i did this im sure some of our top twenty might have done the same to help protect there investment, so when you ask why didnt they do that or this maybe they did (not saying metal x did or didnt) but some definetly did