the asx speeding ticket, page-17

Good question ...

Highland Holding Resources and Blackrock ceased to be substantial holders in late May and early June.

The Top 10 holders as at May (before HHR ceased to have a substantial holding) were:

1 HSBC Custody Nominees (Australia) Limited 252,176,034 14.41
2 Computershare Clearing Pty Ltd 178,754,831 10.22
3. Highland Holdings Resources Inc. 121,500,000 6.94
4. Barrick Gold Corporation 75,000,000 4.29
5. HSBC Custody Nominees (Australia) Limited 63,225,770 3.61
6. Takoradi Limited 59,596,856 3.41
7. Citicorp Nominees Pty Limited 59,564,766 3.40
8 National Nominees Limited 52,519,618 3.00
9 Mining Investment Services Pty Ltd 49,200,000 2.81
10 Sentient Executive GP II Limited 39,756,231 2.27

The seller could well be Takoradi (they have 60 million of tehse geezers) but the buyer?