I think notice is required within 2 business days, which means...

I think notice is required within 2 business days, which means the changes need to be notified to the company and ASX by the end of business wednesday.
As the CEO has 'taken his bat and ball' home, one view is that 'the two clowns' as some have made mention have sold. Their share holdings were 8,945,000 and 8,000,000 which is part the way towards the large crossing. And maybe there are a few other Top 20 who have sold having lost patience with the two former directors mentioned. For an institution, for example Sandhurst, talking say 8 cents now rather than the uncertainty of a higher exit price maybe in 2 + years, its more opportunity cost for those other shareholders.