The top 20 in the AR shows a lot of nominee companies. My information is a bit out of date (some months now) and there has been some Oasis selling and options taken up accounting for almost 5 M shares since. Adding up the individual holdings I think in order there are/were: PE on 4 million PI on 3.4 M (well up on 2004) DR on 3.3 M IE on 3.3 M WI on 3.2 M (well up) MH on 3.2 M JW on 2 M
Now add in other principals such as AS on 1.25 M, TL, CK, JF, JW (the other) and KW and you quickly get the picture that there is very little not tightly held even with 44 M now on issue. If not for DKR Oasis making a tidy little profit on their debt notes the price would already have stabilised at a much higher price. I've picked up about 200K (mostly from Oasis) in the last 5 weeks and I know others have added significantly to their holdings in that time so am personally very grateful for the opportunity.
TZL Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
