For some (maybe useless) statistical information.Based on the...

For some (maybe useless) statistical information.

Based on the below data, part of which was extracted from today's announcement, the ordinary shares on issue increased by approximately 501,000,000 from EOFY 2019 to yesterday and from this I've calculated the following:

1. Though the top 20 shareholders overall percentage is lower, their share holdings increased by approximately 175,000,000
2. Lion Bay Capital Inc has not sold off or bought shares since the market index data below was published
3. Mr Ozcakmak's (Activated Logic Pty Ltd) has slightly increased his share holding (though his overall major shareholder % is lower)
4. The June 2019 top 20 shareholders accounted for approximately 819,500,000 shares
5. The current top 20 shareholders (as at 27/07/20) account for approximately 995,000,000 shares

Below snippet from market index data as at 30/06/2019

Below snippet from pg.15 ASX Announcement 28 July 2020


My conclusion:
Due to the overall increased quantity (approximately 175,000,000) of shares being held by the top 20 from a year ago, it suggests their confidence remains optimistic.

Cheers!