Yes, I made that assumption.
If it was a shareholder already involved I would think that Defender Equities would be the likely player having around 17.6% and have been steadily accumulating for awhile. One thing I do know though, these things have a habit of playing out different to how one thinks it will.
I note the share price is heading back up....I still would have thought it would have fallen more but something must be positive to keep it heading up. Maybe there is good news coming.
REF Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held