[maffydub]

I unpacked the chunks and there doesn't look to be much more (or it's subtle).

The IDAT chunk (which makes up most of the file) is DEFLATE-d but uses full color (rather than palettized color, which would have saved lots of space, and might be how you'd get 40% compression). It also doesn't use any row filtering.

I checked incase something was hidden in the DEFLATE encoding itself (e.g. using sub-optimal block encoding selection) but this round-trips exactly, so I don't think it can be.