Your guess is good as anyones ASF - it's really the unknown now.
He had ~30M securities as of 20/06/2011 notice then unloaded 10M in December leaving it at 20,000,000 still in hands although now ceasing to be a substantial holder any further sale aren't required to be disclosed - so if he is there or not will only be known come the annual report & updated top 20.
Have no idea what account it came from although i did just notice his update following the placement didn't have in PYCOA's listed when really he would of received a fair few being a participant. I also recall he sold Laissez Faire right down earlier in the year & then bought them back in the placement.
Who knows to difficult to work out
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