It seems to me that there are a lot of "smaller" shareholders who applied for the shortfall. Lots of names in the SUDOD list that don't appear in the SUD Top 20 list.
Gazump were in the SUDOC Top 20 in Sept but are no longer in the Top 20 for SUDOC but have topped the list for SUDOD. I have spotted 5 option holders who are no longer in the SUDOC Top 20 but have appeared in the SUDOD Top 20. Not really that surprising, given the extra time until expiry.
Also interesting that the bar has been raised for SUDOC. #20 had 7.75 million options in Sept and now that spot has 9mil.
It seems to me that there are a lot of "smaller" shareholders...
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