I think fundies just picked a few chips from willing sellers out of that 25m escrow shares.
If the escrow shares do want to exit, they would have pumped the price then dump, it just shows that the majority are happy to hold, most of them have already cashed out their investment and profit at the IPO, so the remaining is a free carry.
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- Ann: Full Year FY21 Investor Presentation
Ann: Full Year FY21 Investor Presentation, page-58
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