General Discussion, page-92

I just put this up on the CLE page.

ASX: EUR

Top holders as at 31 March 2022

Rank Name Units % of Units

1 BNP PARIBAS NOMINEES PTY LTD ACF CLEARSTREAM 454,678,696 39.47

2 CITICORP NOMINEES PTY LIMITED 120,564,539 10.47

3 DEMPSEY RESOURCES PTY LTD64,931,578 5.64

4 HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 30,563,707 2.65

5 BATTLE MOUNTAIN PTY LIMITED23,238,140 2.02

6 GILMORE CAPITAL LIMITED 15,552,850 1.35

7 UBS NOMINEES PTY LTD 12,680,639 1.10

8 DELECTA LIMITED 11,000,0000.95

9 BNP PARIBAS NOMINEES PTY LTD <IB AU NOMS RETAILCLIENT DRP>10,819,945 0.94

10 OKEWOOD PTY LTD 7,223,1550.63

11 BNP PARIBAS NOMINEES PTY LTD SIX SIS LTD <DRP A/C> 6,622,5050.57

12 MR ANTONY WILLIAM PAUL SAGE +MRS LUCY FERNANDES SAGE

<EGAS SUPERANNUATION FUNDA/C> 5,540,578 0.48

13 HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED - A/C 2 4,333,816 0.38

14 BRISPOT NOMINEES PTY LTD <HOUSE HEAD NOMINEE A/C> 4,143,9740.36

15 SUPERHERO NOMINEES PTY LTD<CLIENT A/C> 4,055,689 0.35

16 BNP PARIBAS NOMS PTY LTD <DRP> 3,910,118 0.34

17 MR DOUGLAS MCDONALD BENNETT3,750,000 0.33

18 NEWECONOMY COM AU NOMINEES PTY LIMITED <900 ACCOUNT> 3,216,3290.28

19 MR PAUL BOURBOULAS 2,888,811 0.25

20 GOLDSHORE INVESTMENTS PTY LTD<M R DAY SUPERFUND A/C> 2,639,640 0.23

Total Top 20 holders of ORDINARY FULLY PAID SHARES (TOTAL) 792,354,70968.79

Total Remaining Holders Balance 359,529,690 31.21

Drinking asked "now that the deal is done when is Tony going to sell the CLE shares?" Meaning the EUR shares that CLE owns. Above are the current top 16 shareholders and the top 20 from 2022. A big picture is at play here. 12 of the top 20 have spat the dummies and picked up their bat and ball and parted via the left exit with their tails between their legs. The very first question is WHAT THE HECK HAPPENED TO CHEESE OFF THE INSTOS?
This is my concern all along. Every time I mention CLE or EUR, I get a negative response. EUR has some action. CLE might as well be bubblegum on the pavement for all the action it gets.

EUR needs CLE and every one of the top twenty now more than ever. These big top twenty deserters have gone and been replaced with mums and dads with less than 3 million share a piece. Oakwood shares are in the hands of the receiver. Winance is not very happy. EUR is an unloved stock.

It is now a takeover target.

EUR is now listed on an US exchange. It is worth on paper $1B AUD. On the ASX it is $120M AUD. The top 16 control less than 18%. Some buying has to happen or some marauder wearing white armour riding a white steed will ride in and offer initially 20 cents a share. The BOD does not have much to stop a takeover.

CLE will need to sell the EUR shares and soon. That will be another 25% of EUR takeover defense goneski.