I don't doubt many consider it thus, aided by a compliant media with "journalists" posing as travel reporters salivating for a freebie business class trip to "review" QAN.
However the 2022 Annual Report disclosed that there are approximately 198,000 small shareholders holding 10,000 shares or fewer, and accounting for about 15 per cent of the issued capital at that time.
I question whether retail SH can hugely influence a SP given larger SH hold 86pc of shares on issue.
Perhaps the answer is "it depends".
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