No@zebster, Not you Dear Leader. I was referring to a post by SC. I omitted to quote the incorrect post. I was referring to this one:
By Sircorp:
"My understanding is it is common among INSTO to distribute shares among various accounts (after capital raising) but can only be done by paying transfer tax hence large trades. For example Macquarie does have 1000s of small subsidiaries listed world wide wide. I could be be totally wrong as I am not financial wizzard...That's why there are massive trades soon after capital raising among all stocks."
Volume, page-112
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