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JPM nominees are a custodian. They hold shares on behalf of...

  1. cainen
    1,017 Posts.
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    09/07/18
    10:35
    Post #: 34221630
    JPM nominees are a custodian. They hold shares on behalf of other people. JPM has not invested in IOT.
    Look at any top 20 list and it's full of nominees - Citi, NAB, BNP etc. These companies have not made the investment. Investing in a company because you've seen these names in the top holders lists is laughable.
    Last edited by cainen: 09/07/18
    IOT Price at posting: 0.3¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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