They sold more than 122 million shares for AUD 390,000.But somebody (one or more) bought these shares from them for AUD 390,000.
Isn't it?
More than 50% of share capital has been traded in the last days. Or there are many little investors or there is a big shark taking them all. Or this company will have a new owner that see value in this, or the company will be publicly majority owned for additional research and kept listed, or will be under a certain percentage owned de-listed and taken private, or will be just owned and absorbed by another company for the tax losses, or will be fully bought de-listed deprived from the patents and closed down.