Ann: Appendix 4E & Annual Report, page-40

@blazer77 quoting isn't working...

Where did I say put the house on it?

I would of never said that as one that is financial advice as I have never told anyone to buy/sell/hold and two ESH has always been a high risk investment given the revenue. So risk/reward is there and still is IMO if someone doesn't want something as risky then ASX200 would be probably better suited or better yet an ETF that tracks the ASX200 or ASX300 something like VAS would be even better suited. You are highly unlikely to double or 10x your money in the next year with an ETF compared to microcaps but at the same time you also aren't going to lose significant money if it declines in terms of %.

How do you know 1/2 the register was given out to pumpers as you are talking about 1.5Bn shares here - i doubt you have any evidence of this because I feel you are making this up, however happy to review what data you have to support this.

Reason I doubt your narrative is because I have been tracking the T20 for a number of years and even right now there is someone who could become a major SH being just shy of 5% but has been on the register for a number of years and has been increasing their holding since I started to track the T20 amongst others.