Ann: Change in substantial holding, page-3

Since April this year, the SP was on the rise as more and more small-cap fund managers started to recommend and buy into the story of DSE,
as all of them upgraded their outlook simultaneously they got caught up in a bit of a FOMO as the SP spiraled up from 21c to 37c within 3 months
rising 75%

As soon as the Microsoft 365 Syntex backup and archiving news surfaced many SH and I believe many of those small-cap fundies lost their belief
and sold out, relinquishing their position in a dramatic flair which collapsed the SP.
Reminds one of the "threats " perceived by the market from Amazon on the belief that they will decimate the Aussie retail market a few years back.
investors sometimes react too swiftly to an assumption arising from the thought of a Gulith competitor swallowing up the small players, not realizing the complexities and niches within the market.

Topline who has been around for a while and has a much stronger conviction in regard to the scope and the need for independent backup n archiving services has seized the opportunity and bought into the SP weakness, well done.