ASN General Discussion, page-19800

The URA ETF shares are held by the nominees, the shares are not directly held by the URA ETF, the share holding they show are held for them by some or all of the top 4 nominees.
It is these nominees that are doing all the manipulation with small sells and other trades.
The shares are split amongst these nominee brokers, so each nominee can buy just under 5%.
Considering there is 4 nominees in the top 5, they could hold as much as just under 20% for the URA ETF between them and and others not in the top 20 could also add to any total percentage holding that we can track by keeping a eye on the URA ETF holding that is currently just over 5 %, until a nominee goes over 5%, nothing has to be declared to the ASX.
The average trader or holder who does not read hotcopper would have no idea of what is going on, so the URA ETF using broker nominee holders can just keep buying from those selling themselves short.