Ann: Cardno Provides Market Update and FY16 Guidance, page-131

And this is still going - 340,000 shares (almost 0.5M value) were traded afterhours, with big parcel that was just crossed few minutes ago.

Possibly mean that retail offer was stronger than expected, so Crescent is buying more to increase their share? As I mentioned before, I don't think they'll stop before reaching 50%, as that will give them better position to negotiate with the perspective buyer in the future (or taking it all private).

My estimate (just a wild guess, no real calculations) is that less than 80% retail investors took part (possibly much lower than that), which would mean that all of us (that applied for extra) would be getting + 25% (hooray). But with 98% instos that were in, there's not much surplus for Crescent as they probably hoped for.