I have been wondering the same thing. So I asked the company to provide me with a Top 20 list. When I compare it to the Top 20 in the 2016 annual report, the top 20 now hold 115m shares Vs 132m as shown in the 2016 annual report so that's a big drop. People on HC have been suggesting that the elites were increasing their stake!? The Rezos stake doesn't appear in the top 20 now but the JP Morgan nominee account is up heaps to 33.4m vs 18.5m in 2016 so it's probably been moved into that. Other changes I have noticed is:
Geonclark stake is now 5.6m vs 9m in 2016
Peter John Bartter doesn't appear anymore vs 6.9m in 2016
Dr Stuart SF account is 2.6m vs 5.3m in 2016
Robert Brookins 2.6m vs 2.9m in 2016
Anyhow, on paper, it appears a lot of selling has come from top 20 and that's not good right?? But my interpretation could be wrong. A new list will soon appear in the 2017 annual report.
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