So here is a snapshot of MEL & KBC before and after the...

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    So here is a snapshot of MEL & KBC before and after the placement of 21 Oct. 2022

    https://hotcopper.com.au/data/attachments/5064/5064147-403d10defefcb24d359a22f57ec93d41.jpg

    So between March and October 22, KBC holding fell from 14.2% to 10.7%, a decline of 3.5%
    But the only Change in Substantial Notice from KBC was on 21 Oct 2022, in conjunction with the placement.

    And in the Annual Report, 2022 p.53 KBC is shown as holding just 6.9%. recorded as at 27 Oct. 2022.
    That all just seems a bit odd.

    https://hotcopper.com.au/data/attachments/5064/5064182-4c333b7abacbbb96b6a02076285569ca.jpg
 
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