Spent some time this morning going through all of the substantial holder notifications. Based on my calculations, these are the biggest dollar value losers:
Entity Purchase Price Sale Price Still Holding Shares 1 Lennox capital partners ~$27.8m (1st Sep 2021) $1.4 (28th June 2022) No 2 Perennial Value Managers ~$31.4m $4.7m Unclear as they sold 50% of their shares and stopped being a substantial holder. They might have tried to trade their way out of their hole. Wouldn't have mad much of a difference as the share price never really recovered. 3 Regal Funds Management Pty Ltd I'll go with the lower figure of $20m $1.9m Unclear as they sold about 30% of their shares and stopped being a substantial holder. They might have tried to trade their way out of their hole. Wouldn't have mad much of a difference as the share price never really recovered. 4 Thorney Technologies $5m N/A Yes 5 Astor Superannuation $3.76m N/A Yes 6 DYNAMIC SUPPPLIES INESTMENTS PTY LTD $3.427m N/A Yes
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