Please correct me if I am wrong, but I understand that broker 'nominee' accounts are simply aggregate client holdings that are held in the name of the respective broker e.g. HSBC, Citi, JPM etc. This means that there might be hundreds of clients who hold FAR shares in these brokers' custodian accounts. It seems deceptive to say that the top 200 shareholders hold 70% of all FAR shares. This number would be significantly diluted if you decomposed the nominee accounts. It is not like HSBC, Citi JPM etc have bought the shares in their proprietary book.
Elephant in the room, page-11
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51.0¢ |
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Mkt cap ! $47.12M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 50.5¢ | $22.26K | 44.08K |
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| No. | Vol. | Price($) |
|---|---|---|
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Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 102895 | 3 |
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| FAR (ASX) Chart |