TNT Chart, page-2837

TNT are already attracting the larger investors. Just look at the top 20 shareholders
listing on the TNT website :
https://www.tesserent.com/site/investor-information/top-20-shareholders

A few big guns have been there since last year, HSBC, JP Morgan, BNP Paribas, UBS, Citicorp.
They collectively own 6.5% of TNT (at 19/3/21)
In late April, I noticed HSBC had increased their holding to around 22m (up from 17.5m a ~month earlier).
If you look at the SP chart, they must have been buying over this period starting
when the SP was ~26c, and dropped to ~22c. If HSBC are buying whilst the SP is
having a pullback, IMO they must have some confidence the SP will go up in the long term.

As at 19 March 2021

	Rank	Name	Number held	% of issued shares
1.	BELGRAVIA STRATEGIC EQUITIES PTY LTD	56,825,622	5.62
2.	SCOTT CEELY <CEELY INVESTMENTS A/C>	46,153,846	4.57
3.	G & N LORD SUPERANNUATION PTY LTD <GNR S/F A/C>	37,433,334	3.70
4.	CRAIG OWEN HUMPHREYS <COSEAR A/C>	20,410,431	2.02
5.	C14N PTY LTD	20,000,000	1.98
6.	HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED	17,505,245	1.73
7.	J P MORGAN NOMINEES AUSTRALIA PTY LIMITED	17,069,139	1.69
8.	BNP PARIBAS NOMINEES PTY LTD <IB AU NOMS RETAILCLIENT DRP>	13,703,330	1.36
9.	EMPRESIO PTY LTD <EMPRESIO A/C>	13,622,308	1.35
10.	XERT SERVICES PTY LIMITED <J&T MANUEL FAMILY A/C>	12,998,583	1.29
11.	LINFIELD FC PTY LTD <HANSEN FAMILY A/C>	12,570,000	1.24
12.	MR ROBERT ANTHONY SILVER	12,535,965	1.24
13.	AVANTEOS INVESTMENTS LIMITED <9015040 KAGE A/C>	11,113,481	1.10
14.	JULIAN GORDON CHALLINGSWORTH	11,000,000	1.09
15.	UBS NOMINEES PTY LTD	9,627,827	0.95
16.	FLANNIGAN HOLDINGS PTY LTD <FLANNIGAN FAMILY SUPER A/C>	9,500,000	0.94
17.	MR JOHN GEORGOPOULOS	9,250,401	0.92
18.	CHRIS HAGIOS	8,259,999	0.82
19.	CITICORP NOMINEES PTY LIMITED	8,207,847	0.81
20.	MATTHEW PAUL PURCELL + HELEN MARY RYAN <PURCELL FAMILY A/C>

All IMHO, DYOR