Just got home, basically, I went and checked the top 200 holders...

Just got home, basically, I went and checked the top 200 holders name, I may missed 2-3 accounts due to estate classified, and syntax error on their database but those accounts have been there for generation so little do I care.

Basically, there are 4 accounts exiting from the 30 January till today check. 1 account exiting on the 31st of January with 13 306 shares, and 3 accounts exited on the 5th February. This is because on that date, I suddenly bought only $2k worth of shares, but I think I triggered the .845 cent price and a price point of sale was triggered. Today, I checked back the lady on our top 20 holders list, whom got 232 734 shares and I believe her smaller account that got 35 967 shares were exiting on the same date, 5th February and one more account with 19 808 shares exited on the same date.

I also would like to correct that spencer holding didn't exit and still got 85 000 shares in it. I rechecked my mess up writing and I was jogging a different name, M& L Spencer got 85 k shares and M & L spencer holding exited on 29/1/25. My mistake.

But down to insto's nominee accounts, Citicorp nominee used to have 1 895 054 shares suddenly dropped down to 1 779 961 shares, which equals to 115, 093 down.

Warbont nominee dropped from 270 011 to 155 100, which equals to 114, 911 shares sold.

HSBC nominee remained the same, 294 311 shares

JP Morgan nominees Australia have 322 886 shares, down by 560 shares.


Together, so while (232 734 + 35 967 +115 093 + 114 911+ 19 808 + 560 = 519 073 shares sold during this period). In a way, while not all these shares even from insto's nominee account were sold on the 4th Feb, I would say a chunk of it was sold out during that day because of which I believe the silliest trigger ever set and dragged other accounts with it.

And one more account is on the way of exiting which I can sort of feel, as it was having 78 580 shares on the 30th of January and now only has 1627 shares left. Whether that account sell down on that stupid date or just recently uphill price is unknown and I hope it is the later end.

On the good news, I approximated that while not all the accounts may directly link to User123, but those accounts have increased by 350 826 shares. from last check. So I just think that, there could be other buyers but his accounts have increased a large chunk, hihihi

Another thing, I noticed from checking top 200 holders are that many names are the same just like 6 months ago I last visited Computershares and many of them got a few accounts with shares associated with them. Another interesting point is I see more Asian names on the list (particularly Chinese names, but with residential address in Australia and New Zealand). I don't recall of their names last 6 months ago but their accounts were created even since 2018. My only explanation is that they have returned to buy this stock for either holding or trading etc... Kinda cute huh?

My apology if I offend any one or making any mistakes. Just my opinion.