Ann: Change in substantial holding, page-4

Also worth bearing in mind Salter Bros still had 4.99% as of 10 Oct 2023. They had a change of personnel and hence their selling. Their selling likely would have continued for some time after that date. Perennial have been there for a long time and hard to know if exiting or trimming. Some other fund managers appear interested, but so far no one up to 5%. Perennial selling is probably a good thing longer term if it allows some other funds to get a starting position.
If the prop trials are as good as the outboard props results, it is a game changer for marine, especially larger companies with ESG concerns.
You guys appear to be on a winner and the register re-shape sets it up for a big re-rate over time imo, assuming sharrow props deliver on performance and gyro sales continue to gain momentum, particularly after not being even close to expectations in the past couple of years, though looks to be changing.