I too would like to know where you saw this? This seems unsubstantiated without evidence. Annual report in April still showed her as having 10m too?
The kicker here is Boardo dumping 11 million odd shares in this time. JB will want to be careful here considering his obvious affiliation with Boardo. That's potentially ASIC territory.
With Boardo's incredible dumping, the top 20 holders have decreased their share holding from 36% to 33% since the last annual report. Not a real confidence booster for the company and the chart is mapping to that sentiment unfortunately.