From the top-20 list per 31/12/2017 they have 7,500,000 see
and in the latest top-20 I purchased they are listed as having 3,500,000.
In my view, a company such as Airguide has running costs that need to be covered.
Also, note that ML has not sold a single share (he holds more than 40 million) nor a single option (he holds 20 million).
shares / options / performance rights, page-57
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