Disco , I thought now would be a good time to look at the latest top holders list , especially as DoubleDown has made mention about increased holdings . The new list dated 11 June compared to the previous on 20 May , shows that within the top 50 we had 7 increase their holdings and 2 decrease . With real estate currently booming , I’m not surprised to see principal’s with additional funds for investment purposes , I think at one stage they had a sell order in the queue at 0.07 , so buying additional at these lows must seem like a renovators special . The largest increase was 1,000,000 , any further purchases will see this identity enter the top 10 again . Also worthy of note , is that our new telco industry identity who first appeared on the 20 May list has also been busy hunting and gathering . Our little boutique investment house out of Perth who first appeared on the 20 May list has departed or distributed , superannuation funds are their specialty . All in all yet again the top holders are very bullish in Norwood , so it seems like I’m not the only one with expectations of imminent news flow in relation to new telco deals and partnerships . GLTAH’s
All in my opinion .... using factual lists as per dates provided above .
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