“ It was a massive SELL order, the money went out of the stock...

“ It was a massive SELL order, the money went out of the stock so as to speak .”

The fat lady should sing by the end of today.
However, it is possible that no existing substantial holding changed and that any new holding by an acquirer or acquirers is still under 5%.
In which case, the fat lady will stay schtum.

Here is the applicable regulation
(4) A person required to give a notice under subsection (1) or (2) shall givethe notice before the end of 2 business days after the day on which thatperson becomes aware of the change referred to in paragraph (1) (a) or (2)(a), as the case may be.
https://classic.austlii.edu.au/au/legis/cth/num_act/ca1989172/s710.html

As of the last FY report ,there are only five entities that hold more than 5% of the company and who are therefore capable of instigating a “massive SELL order”.



I stand to be corrected, but I think that we are outside the window in which the directors are permitted to trade without obtaining special permission.
In any case, the past practice when the founders have sold shares has been to notify the next day and we are past that point.

I eagerly await hearing Brunhilda exercise her tonsils if she is ever going to do that.

My hope is that a new holder has taken a position in the stock.

Cheers