Ann: Change in Investment , page-2

I wonder if this announcement from Van Eyk was a surprise to AWI - did they do their due diligence properly???

"Australasian Wealth Investments Limited (ASX Code:
AWI) has been informed by van Eyk Research Pty
Limited that the convertible note held by Pyne Gold
Corporation (NZX – PGC) has been converted into a
27.1% equity interest in the ordinary shares van Ey
k Research. As a result, the equity interest of AWI
in van
Eyk Research has reduced from 49.6% to 36.2% on a f
ully diluted basis. "