ARN 0.00% 7.5¢ aldoro resources limited

there is a difference between custodial holding and beneficial...

  1. 2,233 Posts.
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    there is a difference between custodial holding and beneficial ownership of shares. CS Nominees acts as a custodial holder of shares on behalf of clients who retain a beneficial interest in the holding. Credit Suisse acts as a broker for lots of private banks like Cresstone etc so when you see the Nominees turn up in a company of this size it is almost certainly clients of the broker not the bank itself who have taken a position. When I buy shares via the private banking platform I use it shows up as a nominee holding, not as me.
    I don't think Credit Suisse would be a buyer here.
 
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