monday inl, page-22

Crayhunter

I'm not sure you can necessarily identify Freetrader's interests in INL shares by reviewing single line entries in the Top-200 list. It is not uncommon (as with my shareholdings in INL) to have a number of CHESS holdings (I have four - in my own name, my super fund, family trust and a dependant relative). I often hold shares in this way as it opens up trading options with SPPs etc (CBA was a good example - you could sell 4 x $10K parcels at a higher price before the offer close date, and then buy the shares back via the SPP, pocketing a quick 7% for yr troubles). Freetrader could thus be talking in terms of an aggregated holding across multiple affiliated entities.