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Jack_Herer

11/01/25 3:26 PM

#10466 RE: rheddle #10463

They sold a modest portion of their holdings for around A$15M in on-market sales. They still hold a ton (just under 5% of the total equity).
Their sales equivalent to maybe 1 - 1.5% of the company's total capital over a 5 month period. Not overly significant nor newsworthy, except they've gone under a 5% holding so they've 'ceased to be a substantial holder' and that has to be reported.

Clearly they haven't given up on DTR considering they're still very much a T20. Maybe they simply got tired of leasing their private jet and decided to purchase one...