Hi Japes,IMO, it would be counter intuitive for SBL to issue...

Hi Japes,

IMO, it would be counter intuitive for SBL to issue shares to friendly SI's just so LG could obtain >90% holding. Reason being if they do do this, SBL's SP will be diluted and it will appear badly in LG's book. I do not think this is the right strategy to implement to obtain >90%. Also, SBL recently acquired a loan (which I suspect is from LG) rather than raising funds from another CR or placement.

Correct me if I am wrong, but I think you could request the new shareholder listing from the share registry, Computershare in this case. Its free public info. I believe.