this post was submitted on 16 Oct 2023
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https://www.vergesafetybarriers.com.au/product/ev309-90dia-removable-twist-type-verge-safety-bollard/
My guess, something like that
That sounds very plausible, I can imagine the four tabs around the opening clamping down on the bollard, with a slot at each corner to bolt it down. Also it's something that would probably be thrown in the canal after being illegitimately removed.