Looking at the change in substantial holding notices, I can confirm that Paradice's last notice was that they had added stock rather than sold. And this is while ther were selling down a lot of their other holdings and returning some 800 million to fund holders. 7th May, Paradice upped holdings from 8.083% (27,185,394 shares) to 9.676% (32,642,574 shares).
It was wilson HTM who has sold down. Wilson was buying heaps at around 16c a while back, Paradice more like high 20c range. For a small cap fund, anything over 200% is probably looking like a good sell target.
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