Wouldn't rule anything out at this stage... in my recently acquired top 20 holding from Aug 10th, the top 3 holders were all nominee accounts for large insto's, and totalling just over 17%.
and there were more nominee accounts down the list.
Nominee accounts are faceless, so it's hard to know who actually has control, but plausible that one party could be sitting with guns loaded, and aimed at us retail holders below the belt.
Hostile Take Over - worst case scenario !!, page-4
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