But I want to say 3 top holders already have over 8.01% of shares and insto nominee accounts held 1.41%.
Many shares holders in the top 100 doesn't move either and just by 3 top holders plus bunch of other smaller holders in top 100 excluding insto, accounted for 9.61% already. The rest belong to smaller holders under 30 k of shares but as I saw it, many smaller accounts belong to those of top 100 (same family surname). So at this current rate, we nearly secured 10%.
I would say we only need to secure .5% or so and the game is decided
Ann: Supplementary Bidder's Statement, page-8
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