Thanks barry1990. The total for top 20 equals 437.74m as of yesterday. As a % of issued share of 624.85m, that is 70%.
Compared to the top 20 list that is in my possession, dated 17 Dec 2019, that is an increase from 434.9m, an increase of 10% in the last 3 months.
The top 20 has been increasing their holdings. Slow, but steady.
I wonder what the data is from no 21 to no 30? Are they increasing their holdings too? I don't have that data. But if they increasing, then the top 30 must be holding 70% to 80% of the free float. That's just my assumption.
Who has been selling? Retailers, I think. Definitely the sellers are not coming from the top 20 judging from the data that Barry just shared.
Do your own research.
FLC Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
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