Thanks for that auto. I agree we have had a stellar start to the...

Thanks for that auto.
I agree we have had a stellar start to the year re oil drilling successes but the bpt sp, and ASX200 market in general, is more interested in sad/bad european and US data and news than they are in "buying into an Aussie company based on its performance" [ie. a co. which is performing well financially and commercially despite global worries], which I read somewhere over the weekend and thought sounded like good advice IMO.
Looking at the BPT Top 20 as at 20thFeb 2012 I see JPMorgan Nominees [first and fifth biggest SHs] hold 20.7% approx or should I say "as a nominee they control 20.7% of voting shares?" Or else would they not be forced to make an offer for at least 50% of BPT if they "own" >20%?
JP Morgan Nominees Australia Limited
JP Morgan Nominees Australia Limited is listed as the number two shareholder for all of the Big Four Banks. It is a wholly owned subsidiary of JPMorgan Chase & Co. You know - That Great Big American Bank.
They own:
14.51% of ANZ 10.00% of CBA 12.20% of NAB 12.71% of WBC

In fact, they're also the number two shareholder in a few other Australian banks. They also own:
7.92% of Bendigo and Adelaide Bank and 7.77% of Bank of Queensland.
JPMorgan Chase had a $12 billion profit for 2009.

Top 20 Shareholders
Beach Energy
As at 20 FEBRUARY 2012
1. J P Morgan Nominees Australia Limited 15.84
2. National Nominees Limited ............. 14.67
3. HSBC Custody Nominees (Australia) Limited 12.16
4. Citicorp Nominees Pty Limited .......... 5.35
5. J P Morgan Nominees Australia Limited .. 4.85
6. Cogent Nominees Pty Limited ........... 2.40
7. AMP Life Limited ....................... 1.36
8. Cogent Nominees Pty Limited ............ 1.36
9. UBS Nominees Pty Ltd ................... 1.21
10. Cogent Nominees Pty Limited ........... 1.11
11. Citicorp Nominees Pty Ltd ............. 0.81
12. M F Custodians Ltd .................... 0.71
13. Merrill Lynch(Aust)Nominees Pty Limited 0.54
14. Queensland Investment Corporation ..... 0.52
15. Merrill Lynch Aust)Nominees Pty Limited 0.51
16. HSBC Custody Nominees ................. 0.44
17. HSBC Custody Nominees(Australia)Limited 0.44
18. Mr Reginald George Nelson ............. 0.30
19. Cogent Nominees Pty Ltd ............... 0.25
20. Share Direct Nominees Pty Ltd ........ 0.24
Total Top 20 holders of FULLY PAID ORDINARY SHARES 65.06%
Total Remaining Holders Balance 34.94%
TOTAL: 1,255,464,157 100.00

Apart from Mr Reg Nelson .30% at #18 on the list, all the rest appear to be Nominee or Custodial companies and they control about 65% of Beach.
Does that mean a change of majority control of BPT could be quite achievable in a short time if an offer was made by a predator like ORG, a $12billion dollar co.