I am going to call this out.
Our share price is being punitively manipulated. The top twenty shareholder at 8 August 2023 held 67.59% of our stock. We have 1,394,239,175 shares on issue. Top twenty owned 942,366,258 shares. Come to end of Feb 2024 and some of the top have disappeared along with 752,195,886 shares or 79.82% of the top 20 shareholdings.
This is the top twenty from 8 Aug 2023.
The Top 20 Shareholders of EUR hold 67.59% ofshares on issue.
Data supplied by Morningstarand accurate on Aug 8, 2023.
| Name | Shares | Capital |
|---|
| 1 | BNP Paribas Nominees Pty Ltd Acf Clearstream | 548,665,725 | 39.35% |
|---|
| 2 | Citicorp Nominees Pty Limited | 78,556,017 | 5.63% |
|---|
| 3 | Dempsey Resources Pty Ltd | 62,931,578 | 4.51% |
|---|
| 4 | HSBC Custody Nominees (Australia) Limited A/C 2 | 49,990,403 | 3.59% |
|---|
| 5 | Hsbc Custody Nominees (Australia) Limited | 36,240,941 | 2.60% |
|---|
| 6 | Okewood Pty Ltd | 28,200,931 | 2.02% |
|---|
| 7 | Battle Mountain Pty Limited | 22,738,140 | 1.63% |
|---|
| 8 | BNP Paribas Nominees Pty Ltd <IB AU Noms Retailclient DRP> | 20,786,388 | 1.49% |
|---|
| 9 | Bnp Paribas Noms Pty Ltd <Drp> | 17,956,412 | 1.29% |
|---|
| 10 | Pixsell Pty Ltd <Pixsell Unit A/C> | 15,000,000 | 1.08% |
|---|
| 11 | Winance | 11,344,268 | 0.81% |
|---|
| 12 | Moab Minerals Limited | 11,000,000 | 0.79% |
|---|
| 13 | Cass (Fze) | 7,500,000 | 0.54% |
|---|
| 14 | Mr Antony William Paul Sage and Mrs Lucy Fernandes Sage <Egas Superannuation Fund A/C> | 5,540,578 | 0.40% |
|---|
| 15 | Superhero Securities Limited <Client A/C> | 5,394,608 | 0.39% |
|---|
| 16 | Michael Stanley Carter <The Carter Family A/C> | 5,000,000 | 0.36% |
|---|
| 17 | North Shore Advisory Group Pty Ltd | 4,500,000 | 0.32% |
|---|
| 18 | Mr Dietrich Lothar Wanke | 3,766,684 | 0.27% |
|---|
| 19 | Mr Douglas Mcdonald Bennett | 3,750,000 | 0.27% |
|---|
| 20 | Gulli Superfund Pty Ltd <The Gulli Family S/F A/C> | 3,539,585 | 0.25% |
|---|
The yellow highlighted holders have disappeared.
This is a current list It is only 16 but you can get the picture.
The top two are substantial holders. If their holdings change by 1%, they have a duty to issue a change of substantial holding notice and continue to do so until below 5%. There has not been one notice issued. These shares have not been placed en-masse on the market IE number one selling 548M shares in one hit. They have been drip-fed onto the market as to deceive the general market participants and not cause a general sell-down.
I have not tracked the average volume but with 2.5M shares sold daily, plus any organic selling, this would take more than a year to clear. So where are the shares and why are some not still showing? This top twenty MIA must still have some.
This is just EUR. But you add in CLE and to a lesser degree CUF, a pattern starts to be seen.
This is CLE
CLE Top 20 Shareholders 2023
Data supplied by Morningstarand accurate on Aug 31, 2023.
The Top 20 Shareholders of CLE hold 51.16% ofshares on issue.
| Name | Shares | Capital |
|---|
| 1 | European Lithium Limited | 1,180,256,849 | 11.50% |
|---|
| 2 | Bnp Paribas Noms Pty Ltd <Drp> | 793,062,119 | 7.73% |
|---|
| 3 | Okewood Pty Ltd | 423,375,858 | 4.12% |
|---|
| 4 | M3 Metals Corp | 400,000,000 | 3.90% |
|---|
| 5 | First Investments Holding Limited | 278,178,538 | 2.71% |
|---|
| 6 | Gilmore Capital Limited | 225,000,000 | 2.19% |
|---|
| 7 | Angkor Imperial Resources Pty Ltd <Turkish Bread S/F A/C> | 222,000,000 | 2.16% |
|---|
| 8 | BNP Paribas Nominees Pty Ltd Acf Clearstream | 197,938,352 | 1.93% |
|---|
| 9 | Capretti Investments Pty Ltd <Castello A/C> | 190,000,000 | 1.85% |
|---|
| 10 | Celtic Capital Pty Ltd <The Celtic Capital A/C> | 185,647,059 | 1.81% |
|---|
| 11 | E-Merge Fze | 160,000,000 | 1.56% |
|---|
| 12 | Esplanade Consultancy Pty Ltd <The Ryki A/C> | 160,000,000 | 1.56% |
|---|
| 13 | Alpha Capital Anstalt | 155,000,000 | 1.51% |
|---|
| 14 | Doraleda Pty Ltd | 150,387,500 | 1.47% |
|---|
| 15 | Stonefield Developments Pty Ltd <Stonefield Discretionary A/C> | 109,337,223 | 1.07% |
|---|
| 16 | Westcap Pty Ltd | 100,203,127 | 0.98% |
|---|
| 17 | Ghan Resources Pty Ltd | 91,804,278 | 0.89% |
|---|
| 18 | Tribeca Nominees Pty Ltd | 80,000,000 | 0.78% |
|---|
| 19 | Mr Bruno Seneque <Seneque Family A/C> | 75,000,000 | 0.73% |
|---|
| 20 | Exchange Minerals Limited | 72,939,201 | 0.71% |
|---|
This is a little different as the second top shareholder is on par with Winance Investments and they have spat the dummy and picked up their bat and ball and headed for the hills. The affect of the them selling en-masse at 0.002 is in effect also punitive manipulation of the share price.
Here is the current CLE top twenty
CUF is less affected but highlights a pattern.
CUF Top Twenty
Data supplied by Morningstarand accurate on Sep 18, 2023.
The Top 20 Shareholders of CUF hold 61.18% ofshares on issue.
| Name | Shares | Capital |
|---|
| 1 | Gold Valley Iron Ore Pty Ltd | 203,667,341 | 17.77% |
|---|
| 2 | Dempsey Resources Pty Ltd (i) | 120,848,635 | 10.54% |
|---|
| 3 | Gecko Mining Company Pty Ltd (i) | 91,425,000 | 7.98% |
|---|
| 4 | BNP Paribas Nominees Pty Ltd Acf Clearstream | 29,832,288 | 2.60% |
|---|
| 5 | Dempsey Resources Pty Ltd (ii) | 25,300,000 | 2.21% |
|---|
| 6 | Antony William Paul Sage & Lucy Fernandes Sage <Egas Superannuation Fund> | 24,923,010 | 2.17% |
|---|
| 7 | North West Iron Pty Ltd | 20,000,000 | 1.75% |
|---|
| 8 | Cauldron Energy Limited | 17,913,868 | 1.56% |
|---|
| 9 | European Lithium Limited | 15,000,000 | 1.31% |
|---|
| 10 | Whitey Tiger Pty Ltd <The Wtl A/C> | 14,915,554 | 1.30% |
|---|
| 11 | Goldvalley Brown Stone Pty Ltd | 14,603,535 | 1.27% |
|---|
| 12 | Lsg Resources Pty Ltd | 13,946,259 | 1.22% |
|---|
| 13 | Gecko Mining Company Pty Ltd (ii) | 13,000,000 | 1.13% |
|---|
| 14 | Mrs Samantha Helen Louise Young | 12,500,000 | 1.09% |
|---|
| 15 | Rimoyne Pty Ltd | 11,194,006 | 0.98% |
|---|
| 16 | Citicorp Nominees Pty Limited | 10,816,624 | 0.94% |
|---|
| 17 | HSBC Custody Nominees (Australia) Limited | 10,733,470 | 0.94% |
|---|
| 18 | Mr Brian Peter Byass | 10,382,745 | 0.91% |
|---|
| 19 | Redstone Metals Pty Ltd | 10,300,000 | 0.90% |
|---|
| 20 | College Search Pty Ltd | 10,000,000 | 0.87% |
|---|
And the current top twenty
CUF Current top Twenty
| Name | Shares | Current Value | Change % | Portfolio % |
|
19% | Goldvalley Brown Stone Pty. Ltd. | 218,270,876 | AU$2.8m | 0% | no data |
|
12.8% | Cyclone Metals Limited | 146,148,635 | AU$1.9m | 0% | no data |
|
9.11% | Gecko Mining Company Pty. Ltd. | 104,425,000 | AU$1.4m | 0% | no data |
|
2.17% | Antony Sage | 24,923,010 | AU$324.0k | 0% | no data |
|
1.75% | North West Iron Pty Ltd | 20,000,000 | AU$260.0k | 0% | no data |
|
1.56% | Cauldron Energy Limited | 17,913,868 | AU$232.9k | 0% | no data |
|
1.31% | European Lithium Limited | 15,000,000 | AU$195.0k | 0% | no data |
|
1.3% | Ross Levin | 14,915,554 | AU$193.9k | 0% | no data |
|
1.22% | Youfu Zhou | 13,946,259 | AU$181.3k | 0% | no data |
|
1.09% | Samantha Young | 12,500,000 | AU$162.5k | 0% | no data |
|
0.98% | Rimoyne Pty Ltd | 11,194,006 | AU$145.5k | 0% | no data |
|
0.91% | Brian Byass | 10,382,745 | AU$135.0k | 0% | no data |
|
0.9% | Redstone Metals Pty Ltd | 10,300,000 | AU$133.9k | 0% | no data |
|
0.87% | Kun Song | 10,000,000 | AU$130.0k | 0% | no data |
|
0.87% | College Search Pty Ltd | 10,000,000 | AU$130.0k | 0% | no data |
|
0.46% | Okewood Pty. Ltd. | 5,250,000 | AU$68.3k | 0% | no data |
|
0.44% | Mark Hancock | 5,000,000 | AU$65.0k | 0% | no data |
|
0.44% | Nicole Fulcher | 5,000,000 | AU$65.0k | 0% | no data |
|
0.44% | Scott Fulcher | 5,000,000 | AU$65.0k | 0% | no data |
|
0.35% | Scott Meacock | 4,000,000 | AU$52.0k | 0% | no data |
|
0.017% | Yuzheng Xie | 200,000 | AU$2.6k | 0% | no data |
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The common denominator to these three companies is that Tony Sage is the chairman of each company. The other common denominator is the timing. The third common denominator is the MO of the parties, how they have done it and the lack of notices.
I believe these shareholders have the right to sell. However, i believe that this is wokism and the reason to sell is that these companies do not want to be seen doing business with Tony at any cost, which is judging him guilty until proven innocent. As a result we the average shareholder are punished because the market is not allowed to operate in a fair and equitable manner.
If the liquidator has a case against Tony, then he should state it. If the press mis-reports it or sensationalizes it then the liquidator should correct the matter. Until Tony is judged guilty then he must be treated as innocent. At present we the shareholders are bearing the brunt and we shouldn't.
I have sent a letter to ASIC. I hope that everyone of you do so as well.
Subject to the response I get, I am wondering whether we shareholders have a course of action via a class action.
EUR should have risen rapidly, CLE has a first class product and should be higher, CUF I do not know but supports my findings.
(20min delay)