There is no hard evidence until the next notice comes through....

There is no hard evidence until the next notice comes through. It is just my opinion, to explain the share price resistance at around $5.50-6.00 despite the stellar quarterly report.

As you say, they need to report for each 1% change in the total holding in YAL - so in other words every 14 million shares sold.

The first notice came through in mid-June showing sales on market throughout late May and early June. The next notice came through on 9 Sept showing they started selling again in early Sept.

I could be wrong, but I would expect to see another notice come through soon, showing continued selling in Sep and Oct. I have to admit, based on the selling pressure, i would have expected to have seen it already.