Here is the current top 20
Citicorp 342,187,545 16.10
JP Morgan 47,372,380 2.23
HSBC 26,829,928 1.26
HSBC A/C 3 20,000,001 0.94
Giralia NL 19,563,504 0.92
Geohen 16,216,667 0.76
Mr Bartley & Ms Sarah Jane Mitchell
15,394,231 0.72
JP Morgan 15,124,308 0.71
Nat Nom 14,300,366 0.67
Mr Graham Edward Dunjey & Mrs Linda Mary Dunjey
13,737,424 0.65
Mr Yuryevich10,000,000 0.47
Etchell Cap 8,477,924 0.40
Gen Research 8,000,000 0.38
Maryfields 7,836,365 0.37
Simner Pty 7,500,000 0.35
Ms James 6,193,000 0.29
Breamlea 5,938,009 0.28
Ms Mitchell 5,630,000 0.26
Mr Punch 5,528,867 0.26
ABN Amro 5,427,083 0.26
adds up to 28%. SO that is our challenge
Any body know any of the top 20? (don't bother ringing Gus) :)
Bang for buck on a mail out means we would need to target these people
10,001 - 100,000 4,849 219,144,121
100,001 - and over 2,770 1,888,430,872
Less the top 20 holders who hold 601,257,602 share leaves approx 1,506,317,391. We would need one in 3 to get our target no vote.
Plus if we were to mail out 7619 letter at 60c a letter = $4,500 just to try to get a no vote...
As you can see the directors can effectively do as they please & other than a bit of noise can't expect mush resistance as it is just too hard, cost ineffective & most shareholders are just plain apathetic.
Have I incited you yet?
M
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