My guess is that for example if you look @ asx notice 10/9/09 from Acorn on p2 you can see they are holding on behalf of other companies. Without researching any further I would guess if those individual companies are top 20 holders then they would be listed. below is a copy of that notice page 2 only. Cheers Stoz
Holder of Relevant Interest Registered Holder of Securities Person Entitled to be Registered as Class and Number of Securities Nature of relevant interest Person's Votes 5. Changes in Associates The persons who have become associates (2) of, ceased to be associates, or have change the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows: Name and ACN/ARSN (if applicable) Name of Association 6. Addresses The addresses of persons named in this form are as follows: Name Address Print Name DOUGLAS LOH Capacity Portfolio Manager Sign Here Date 10-Sep-2009 Military Superannuation & Benefits Board Queensland Local Government Superannuation Catholic Superannuation Fund 353,873 495,087 635,653 636,572 843,805 1,177,027 1,199,780 1,264,787 1,579,284 2,083,200 353,873 Auscoal Superannuation Fund Microcap Investment Trust 1 Qantas Superannuation Health Super Commonwealth Bank Officers' Superannuation Fund Sunsuper Fund Microcap Investment Trust 2 495,087 635,653 636,572 843,805 1,177,027 1,199,780 1,264,787 1,579,284 2,083,200 National Nominees National Nominees Citicorp Nominees JP Morgan Chase National Nominees National Nominees JP Morgan Chase National Nominees JP Morgan Chase National Nominees All Relevant Holders C/O Acorn Capital Limited, Level 12, 90 Collins Street, Melbourne Victoria 3000 National Nominees National Nominees UniSuper Acorn Capital Microcap Trust 2,776,018 2,776,018 2,807,592 2,807,592
BEC Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held