RE:Artis and dream unlimited "Artis and partnerships managed by Sandpiper Group sold an aggregate of 2,409,568 Units pursuant to the SIB (of which Artis sold 2,185,035 Units)"
Artis tendered their entire position but the SIB being oversubscribed meant only 2.185 million units were successfully tendered.
It looks like only around 7-8 million units were tendered to the SIB by investors with the rest tendered by Artis/Sandpiper/DAM/Cooper (18+ million from DAM/Cooper and 6+ million from Artis/Sandpiper with 32.1 million tendered in total). That means only around 4-5 million units that investors wanted to tender were unsuccessful. That might explain why the selling pressure seems to have abated so quickly.