Ann: Appendix 3B , page-7

Yes, it doesn't make you feel real good when you have stumped up hundreds of thousands of dollars of your hard earned cash to invest in a company, become a shareholder, ie a part owner of the enterprise, and then be referred to by management simply as "the market". Very odd attitude indeed.

Listing rule 4.10.9 mandates that the company must provide an updated top 20 list, albeit only annually as part of the annual report. So whether Michelle thinks she has to or not, while an Australian public company they do need to released an updated list, although not for several months yet. Shareholders are however entitled to inspect the register of members and I believe there is an inference in the section of the corporations act which provides this right which infers that the top 20 list is covered by this.