DRO 4.21% $1.25 droneshield limited

Ann: Successful Completion of $120m Underwritten Placement, page-80

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  1. 121 Posts.
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    I understand why people/instos etc have bought 53m shares today, but I don't really understand who is selling 53m shares today. That is a LOT of shares (like 4-5% of all the shares in the company). The volume seems to be too big to be retail investors, but other than instos that bought in the last CR, who has that volume to sell?
 
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