I do not understand what you are on about. The Top 20 will...

I do not understand what you are on about.

The Top 20 will always be about twenty holders. Some enter the list some exit. Only if someone holders in total more than 5% ( in all their accounts ) they must disclose. Mr Wei falls into that class.

Shareholders can hold as many accounts as they wish. No disclosure required.

The last CR was done in July 2023. There were no handouts. Shares had to b3 paid at 33c. Names of who got the stock was not disclosed. Rarely occurs in any company.

The % held by the T20 can go up or down depending the number of shares held by those on the list at any point in time.

The shareprice has no relevance to qty held by the T20.

Lindian’s shareprice dropped below the CR issue price from mid to late August 2023. All that held including T20 have book losses if they have not sold.

Exactly what is your point and concerns?