@mickey1979, the great majority (55% as of 30 sept before the CR in OCT ) of stock is held by the top 20 shareholders, who aside from Sequoia, continue to accumulate. The CR mostly went to the top shareholders, increasing their stake. They tend to hold for 5 years plus. The SPP was $3.3m worth of stock. Thats 165m shares to existing shareholders. Between Friday and today 221m share exchanged hands. If a fund came in a decides to buy a good percentage say 4-5% after the coy announces profitability, then I would suggest shares will be harder to find after the profit takers from the 2c SPP was out of the market.
ORDINARY FULLY PAID SHARES AS AT 20 SEPTEMBER 2019
TOP 20 SHAREHOLDERS
No. of
Shares Held % Held
1 HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 192,686,449 8.98
2 MR DAVID PETER MCLAUCHLAN 129,976,820 6.06
3 KING LIFI PTY LTD <THE KING LIFI> 96,746,958 4.51
4 SEQUOIA CAPITAL USV XIV HOLDCO LTD 89,853,551 4.19
5 EASTFIELD LIGHTING (HONG KONG) CO LIMITED 83,685,064 3.90
6 MUTUAL TRUST PTY LTD 82,153,991 3.83
7 MR JEFFREY MACDUFF 77,095,658 3.59
8 CITICORP NOMINEES PTY LIMITED 68,761,598 3.20
9 DM CAPITAL MANAGEMENT PTY LTD <MCEVOY FAMILY A/C> 66,311,829 3.09
10 J P MORGAN NOMINEES AUSTRALIA PTY LIMITED 49,749,850 2.32
11 MERRIN ALEXANDER <ATF M&M ALEXANDER 39,159,441 1.83
12 BNP PARIBAS NOMS PTY LTD <DRP> 37,715,507 1.76
13 BRISPOT NOMINEES PTY LTD <HOUSE HEAD NOMINEE A/C> 36,133,335 1.68
14 UBS NOMINEES PTY LTD 33,315,448 1.55
15 ANFIELD GROUP PTY LTD <THE ANFIELD FAMILY> 20,248,692 0.94
16 FERNSHA PTY LIMITED <SIMON’S BROOKLYN A/C> 19,298,431 0.90
17 MR SHAWN BURKE 18,958,544 0.88
18 TIMOTHY PETERS 13,127,630 0.61
19 EDGEWOOD PARTNERS LLC 12,892,784 0.60
20 MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LIMITED 12,515,860 0.58
1,180,387,440 55.02
