Ann: Change of Director's Interest Notice, page-3

We know PIE funds management ceased to be a major shareholder in mid August and they may have continued to sell as the notice lists only 1.5 million shares as having been sold and to be a major shareholder they must have had more than that. If their holding was held by Citicorp in the top 20 listing in mid January they had 7.4 million to start with. There have been 3.5 million traded on the ASX in total since then so even if all sales were from PIE they still have a holding.