Ann: Top 20 Securityholders, page-24

Top 20 Security Holders Announcement Pattern

Hey guys I through I will do analyze of the possible events that usually occur after the Top 20 Security Holders Announcement are released to market. The date extend from 21/03/2018 – 07/05/2010:

• 06/07/2010 Top 20 Shareholders (when ASN first came to market)
• 27/01/2017 Top 20 Shareholders (Follow by Quarterly report of 30/01/2017
• 12/09/2017 Top 20 security holders (Follow by Ceasing to be a substantial holder on 13/09/2017)
• 29/11/2017 Top 20 security holders (Follow by Anson Stakes Additional Claims at its Paradox Brine Project on the 30/11/2017)
• 24/01/2018 Top 20 security holders (Follow by Quarterly Report 25/01/2018
• 21/03/2018 Top 20 Security holders (Today announcement).

Information that we know:

• From a poster on the ASN thread we can see that Bruce has indicated that the big players have remain: https://hotcopper.com.au/posts/31926943/single
• Commence Brine Sampling Program at Cane Creek on the 12/03/2018 with working rig to be onsite 14/03/2018. Furthermore, program expected to finish by end of March.

1. Since the start of the sampling program at Cane Creek we have not got any update announcements and a possible update is in the picture

1. If ASN was notify of a departure of a top 20, it wont be logic for ASN to release the Top 20 Security Holders Announcement today

1. Today Top 20 Security Holders Announcement was a strategic play to restore confident by showing that the main player of the game are still here and supporting ASN.

All in all this is IMO and DYOR.