They are not obligated to go into detail. They only obligated to lodge form 603 to the company (BRE) they are invested in when they get to 5%. But they were allocated 8% of the share capital. It's not worth $70m now assuming they have not bought more. They have sold at sometime during 2024 though. They had allocation from IPO of 17,128,595 shares. Offer price was $1.47 but who knows they may have got it cheaper. Roughly invested $25 million. Also look at BRE announcement 19 December (Top 20 shareholders). They were 4th biggest shareholder. Also note that BRE financial year ends on 31 December hence no 30 June Annual Report.
They are now the 2nd biggest shareholder of BRE. Not a bad investment thus far. IPO $1.47, trading now at $2.25. Current market value assuming no further purchases is 12,701,698 shares currently held (they have clearly sold some but I cannot locate Form 604) multiplied by $2.26 is nearly $29 million. It's clear they are free-riding BRE. Has cost them nothing. I hope this helps you understand the investment position @ShareJagger
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