Interesting to see Collins St kept buying up to 95c. Does anyone...

Interesting to see Collins St kept buying up to 95c.
Does anyone know their process well? They don't appear to publish any updates or commentary on their Fund.

I assumed they were a deep value manager and they might have been viewing LCA as a deep value asset play (which has played out). However if they are buying at current levels they must see more "value" in the returns that the business produce long term - which is how I view LCA.