Ok, I rang and asked. This is my interpretation and not...

Ok, I rang and asked.
This is my interpretation and not verbatim.
story was bell potter have been big supporters, they held a lot pre LPE when it was sxt and have a lot of investors in from then most of the preraise top 20 were bp clients.
bp like the story because it is a real business not a speculative app or tech and some big old money like a real business bp may be shifting/holding some shares but the directors and management and lpe aligned shareholder control 65% of the company. being directors are top 1-4 the 5-12 holders are institutions so they are not under much of bp influence.
end of my interpreted conversation

I do not know if this really supports your theory of bp levelling control, but in the end the takeover will benefit all, I guess the bp do control a fair bit of the traded stock so they may be playing with it at the moment but wont when the BIG deals are to be had.