For anyone thats interested, I remember some conjecture recently...

For anyone thats interested, I remember some conjecture recently about the top 20 ??

Here’s a comparison of the top 20 from the June 1/2 yearly reports, compared to 28 November. (17 trading days ago.) from the AVL website.
In June the SP was around the 4c mark , then peaked at 7c in “the run” on 7th August, and as we know has dwindled since.

There was one big seller June-November from the top 20, who still holds 20 million shares.
JP Morgan sold 4.2 million but still retain 52.8 million

Most are unchanged or their holdings have increased.
Those who were already in the top 20 at June actually accumulated 26.6 million more shares in the June-November time period.
Also the top 20 base threshold has increased in value, nudging 2 directors (Algar and Ingraham) holdings from the top 20.
If they sold there would have to have been a change of directors interest notice from the ASX so they retain the same holding.