17.9M shares means the HC posters are combined a top 11 holder in MBN on the current share register.
National Nominees 26.7M top 8
HSBC 21.05M top 9
First Island Trust Company 20.05M shares top 10
Sparinvest pool 16.885M top11
Comsec 9.56M top 12
SEI Institutional managed trust 5.2M top 20
Wellington now at 47M is top 3 holder now
I think this 17.9M is actually much higher if you add in all the 1.5% and other HC posters who have not disclosed their holdings. We may well be a top8 holder matching National Nominees at 26.7M shares.
We are in the elite company of US$B OZ & US instos! We as a group of 2% holders can influence what happens here. We represent the OZ long holders sans institutions.
Who is "hot copper" asks Maryse! How is it that the CFO confirms US$100M cash at bank by December something the CEO did not like being revealed? Why do these HC people bother? Because we are top 11 Australian holders, thats why.
MBN Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
