Eregulla Deeps, page-248

I hear ya Heskumdai - It's a tough road at the moment.

I think you'll find the STX Board does a regular review and deep dive analysis of the Registry - pretty opaque getting inside those nominees.
One would hope, based on any acute findings, this already has led to candid conversations from the Board with any given entity - behind closed doors.
I don't necessarily believe that needs to be blown up in public!

There is a lot of discussion on here about "the shorters". My beef is WHO are the major shareholder entities lending out the shares in the first place and why?

I steadfastly believe it is actually Australian Super Funds that are core to the shorting problem. If a company enters the ASX 200 or better, the SF's turn up by default on your Registry and voila the shorters appear a little while after, having succesfully convinced the Super Fund to lend them their shares for a wee bit.. The SF make a bit of short term money and continues to average down Long.

I don't think its unreasonable for us to require a "selected & named Board member" or JP as Chair to be held accountable to lead quarterly/regular 1:1 discussons (after a deep dive Registry review) with the major entities truly owning STX shares. That's just good Shareholder relations/"Know your customer"!

There are also a couple of bolted on T20 shareholders, based in Oz, on this forum. Maybe they get invited for the "conversation"..............to keep it constructive.
I certainly would love to be present at those conversations...................but they would need to bring a helmet though.

But in parallel, if there is an independant ASIC, they have a job to do. Keep firing legit examples of market manipulation to them.


That's the Longo and the short of it................