Emmanuel Datt’s Koonenberry Gold (ASX: KNB) Share Transactions...

Emmanuel Datt’s Koonenberry Gold (ASX: KNB) Share Transactions (Last 12 Months)

Introduction and Background

Emmanuel Datt – the Chief Investment Officer of Datt Capital – became a significant investor in Koonenberry Gold Ltd (ASX: KNB) over the past year, primarily through his fund Datt Capital Pty Ltd and his private investment vehicle Abadi Investments Pty Ltd. In fact, by April 2025 Datt (via Datt Capital and Abadi) controlled about 12% of Koonenberry’s shares . This stake was built through a series of on-market and off-market share acquisitions (including participating in a placement), and later partially divested via a large off-market sale. Below is a detailed timeline of Datt’s buying and selling activity in Koonenberry Gold over the last 12 months, including the date, transaction type, number of shares, price (if available), and the entity used for each transaction, followed by an analysis of the profit or loss outcomes of these trades.

Timeline of Transactions by Emmanuel Datt & Associated Entities

1. 20 February 2025 – Placement (Buy):Datt Capital Pty Ltd subscribed for 4,166,667 new KNB shares at A$0.03 per share (a placement investment of A$125,000) . This was part of a Koonenberry share issue (placement), increasing Datt’s stake. (Transaction via Datt Capital)
2. 20 March 2025 – Off-Market Purchase (Buy):Abadi Investments Pty Ltd (Emmanuel Datt’s private vehicle) acquired 35,000,000 shares off-market at approximately A$0.032 per share (total A$1.12 million) . These shares were purchased from an existing holder (Global Uranium & Enrichment Ltd) and were subject to a voluntary escrow until 29 November 2025 (the escrow terms were carried over to Abadi as the new holder) . This strategic off-market purchase lifted Datt’s total holding above 10% of KNB and was accompanied by a substantial holder notice . (Transaction via Abadi Investments)
3. 28 March 2025 – On-Market Purchase (Buy):Datt Capital Pty Ltd bought 6,510,000 shares on-market for A$281,832 (an average price of ~A$0.0432 per share) . This purchase further increased Datt’s stake (though it was below the 1% threshold for an immediate substantial holder notice). (Transaction via Datt Capital)
4. 28 April 2025 – On-Market Purchase (Buy):Abadi Investments Pty Ltd bought 7,867,444 shares on-market for A$549,777 (average ~A$0.07 per share) . Combined with prior buys, this pushed Datt’s total interest to about 120.54 million shares (≈12.8% of KNB). A formal “Notice of change of interests of substantial holder” was filed on 29 April 2025 to reflect the increased holding . (Transaction via Abadi Investments)
5. 10 June 2025 – Off-Market Sale (Sell):Datt Capital Pty Ltdsold 97,000,000 KNB shares via a cross trade to a group of new and existing institutional investors . This off-market sale (essentially a block trade) significantly reduced Datt’s holding. Following the sale, Datt’s remaining stake was 35,000,000 shares, all of which are the escrowed shares held by Abadi (locked up until 28 Nov 2025) . A “ceasing to be a substantial holder” notice was lodged, as this sale took Datt’s interest below the 5% substantial threshold. While the exact negotiated price of the block trade was not disclosed in the ASX announcement, market data indicate the shares were sold at roughly A$0.04 each, totaling around A$3.4–3.8 million in proceeds . (Transaction via Datt Capital as seller)

Profit/Loss Assessment on Completed Buy-Sell Cycles

Based on publicly disclosed purchase prices and the approximate sale price, we can evaluate Emmanuel Datt’s realized gains or losses for the shares he bought and later sold:

• Placement Shares (Feb 2025 buy → Jun 2025 sale): Datt Capital’s placement subscription at A$0.03 per share yielded a positive return. Those 4,166,667 shares, acquired for A$125k, were sold around A$0.04, bringing in roughly A$166k. This implies about a 33% gain (approximately A$41k profit) for that tranche (excluding transaction costs).
• Off-Market 35M Purchase (Mar 2025): The 35,000,000 shares bought at ~A$0.032 each have not yet been sold (they remain escrowed with Abadi until Nov 2025). Thus, no profit/loss is realized on this block yet. We note that as of June 2025, these shares were still held by Datt (through Abadi) . (Their market value at the ~A$0.04 sale price would be about A$1.4 million, versus A$1.12 million cost, implying an unrealized gain of ~25% on this lot if valued at the June sale price.)
• On-Market March Purchase (6.51M shares at ~A$0.043): These shares were bought at ~4.3 cents and later sold at ~4.0 cents. This represents a slight loss on that round trip. For 6,510,000 shares purchased for A$281.8k and sold for roughly A$260k (at 4¢ each), the loss is on the order of A$21k (around –7.5%).
• On-Market April Purchase (7.867M shares at ~A$0.07): This batch was bought at a considerably higher price (~7.0 cents) than the eventual sale (~4.0 cents). 7,867,444 shares cost about A$549.8k , but at 4¢ would return only ~A$314.7k. This is a substantial loss, roughly –A$235k (around –43%). In other words, the late-April high-price purchase was underwater by June’s sale.
• Earlier Holdings (Pre-2025 purchases): Prior to these 2025 transactions, Datt was already a “long-time shareholder” of Koonenberry , having accumulated ~57 million shares (about 6.5% of the company) by February 2025 . Although the exact purchase history of those initial shares isn’t disclosed, Koonenberry’s stock traded at only ~A$0.012–0.018 in late 2024. It is likely Datt accumulated much of this early position at prices well below the ~A$0.04 at which he sold in June 2025. Therefore, for the earlier-held shares, Datt likely realized a significant profit when they were included in the 97M share sale. For example, shares bought around 1–2¢ and sold at ~4¢ would roughly double or triple the investment. Indeed, market analysis notes that insiders (largely Datt) were net buyers in the last year at an average cost around A$0.048, and that Datt’s June sale (71% of his holding) was executed at a price slightly below the then market price (~4.4¢) – suggesting a generally profitable exit for the earlier low-cost shares despite the price being off recent highs.

Overall Outcome: In aggregate, Emmanuel Datt’s buy-sell cycle from late 2024/early 2025 to June 2025 appears to have been profitable on the whole, though with mixed results for individual tranches of shares. The earlier and lower-cost acquisitions (including the February placement and any sub-5¢ buys) were sold at ~4¢ for gains , whereas shares bought at the peak of the market rally in April (around 7¢) were sold at a material loss. Datt’s realized profit from the completed sale is essentially the net of those gains and losses. Precise profit figures are not disclosed in filings, but based on the above:

• Datt invested roughly A$2.0–2.1 million in the disclosed transactions leading up to April 2025 (excluding the 35M still-held shares) , plus whatever amount was spent accumulating his initial ~57M shares (likely on the order of A$1–1.5M given 2024 prices).
• He recouped on the order of A$3.4–3.8 million from the June 2025 sale .

Thus, it appears Datt realized a net profit on the overall investment cycle, primarily thanks to the low-cost shares he accumulated earlier. However, the aggressive last-minute buying in April 2025 at higher prices did not pay off, resulting in a partial loss on those shares when sold a few weeks later.

All these transactions and outcomes have been drawn from publicly available ASX announcements and disclosures, including substantial holder notices (Form 603/604/605 filings) and company releases. The details are summarized from those filings for transparency and completeness .

Sources

• Koonenberry Gold ASX Announcement – “Strategic Investor Share Purchase and Change of Voluntary Escrow Holder”, 20 Mar 2025 (includes substantial holder notice by Datt Capital) .
• Koonenberry Gold – Form 604 “Notice of change of interests of substantial holder” (E. Datt/Datt Capital), 29 Apr 2025 .
• Koonenberry Gold – Form 605 “Notice of ceasing to be a substantial holder” (Datt Capital), 10–12 Jun 2025 (as reflected in company’s announcement of share placement to new investors) .
• Mining.com – “Investor calls for change at gold explorer Koonenberry” (April 2025) – confirms Datt’s stake size and on-market buying in April.
• Australian Financial Review (AFR) – “Melbourne’s Datt Capital attempts board spill at Koonenberry Gold” (28 Apr 2025) – notes Datt/Abadi’s 12% holding.
• Simply Wall St via Webull – Insider Selling Article on Koonenberry (June 2025) – provides context on Datt’s sale (71% of holding for ~A$3.4M at ~4¢) and insiders’ average buy price.
• Koonenberry Gold Ltd – LinkedIn Post (10 Jun 2025) – company update noting the 97M share cross trade from Datt Capital to new investors and remaining 35M shares held by Datt (escrowed).