2020 BRN Discussion, page-25380

A top 20 holders list for ASX shows that none of these upstanding companies would tolerate market manipulation:

As at 13 March 2020

Ordinary shares issued on the Australian Securities Exchange:409,479,338

Rank	Shareholder	Number of Ordinary Shares Held	% of issued capital
1.	HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED	47,455,81	11.59
2.	J P MORGAN NOMINEES AUSTRALIA PTY LIMITED	33,091,827	8.08
3.	CITICORP NOMINEES PTY LIMITED	25,715,543	6.28
4.	NATIONAL NOMINEES LIMITED	14,034,785	3.43
5.	NERO RESOURCE FUND PTY LTD	7,183,442	1.75
6.	MR ANTHONY PETER TSE	6,562,043	1.60
7.	CREAT RESOURCES HOLDINGS LIMITED	6,496,983	1.59
8.	SANDHURST TRUSTEES LTD	4,306,329	1.05
9.	BNP PARIBAS NOMINEES PTY LTD	3,664,954	0.90
10.	CITOS SUPER PTY LTD	3,500,000	0.85
11.	BNP PARIBAS NOMS PTY LTD	3,461,882	0.85
12.	BNP PARIBAS NOMINEES PTY LTD	3,329,173	0.81
13.	RHB SECURITIES SINGAPORE PTE LTD	2,485,900	0.61
14.	PURESTEEL HOLDINGS PTY LTD	2,250,000	0.55
15.	HUICEN CAPITAL PTY LIMITED	2,210,228	0.54
16.	JAEGER INVESTMENTS PTY LTD	1,969,712	0.48
17.	CITICORP NOMINEES PTY LIMITED	1,838,327	0.45
18.	XUE INVESTMENTS PTY LIMITED	1,809,110	0.44
19.	DEVELCO SUPERANNUATION P/L	1,770,000	0.43
20.	MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LIMITED	1,572,747	0.38

Total

174,708,795

42.67