Has there been a Top 20 released since Nov 2018?
I haven't seen one.
Anyway, I now think you are correct, but cannot be sure.
The amount of Class A performance shares was 166,666,666.
The amount acquired by Mark was 92,442,679
https://www.asx.com.au/asxpdf/20181116/pdf/440bw5kvs8zcsd.pdf
The amount acquired by Mike was 25,339,072
https://www.asx.com.au/asxpdf/20181116/pdf/440bwhv85v3rwv.pdf
Leaving a remainder of 48,884,915
Where did they go?
I cannot see an announcement in the ASX list for FBR in 2018 that shows who received the ~49 million shares.
If they all went to Horsley Park, why wasn't there a 3Y announcement for that occuring?
https://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=FBR&timeframe=Y&year=2018
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