I have no proof of the following but... I have gone back to the "ceasing to be a substantial holder" notice filed by APAC and it's related entities. They began their sell down on19/6/24. On each of the days of reported sales, it seems to me, that APAC was the bulk of the volumes reported on those days.. They offloaded 24750156 shares b/w19/6/24 and30/9/24. After that they no longer need to file any notices. On 18/6/24-day before they started selling they held a bit over 5500000 Shares ( 5.5% or thereabouts of shares on issue.) As of 1/10/24 they must have still had about 30 Million shares (give or take) I do not know if one can extrapolate but if they kept on exiting TNC then it may account for the bulk of selling since then also. Only surmising of course but that would make sense to me in regards to the awful share price movement.
TNC Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
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