“I wish you would stop banging on about how to view the Top 20 List for free”
Banging on?
I simply did the research and corrected claims and assumptions from some here some months ago that the company was secretly hiding the register to prevent people from seeing key changes, dreaming up arbitrary fees for providing it, etc etc.
It CAN be viewed for free, just like anyone can visit XYZ park/city/beach for free. That’s a completely separate issue to someone living 1600km from said park/city/beach.
So they won’t just send it out for free. That’s apparently up to Computershare as the share registry, and afaik they are playing by the rules 100%. That’s the facts afaik.
If you would like to see the company publish the top20 list every quarter or whatever, FINE, but don’t shoot the messenger who is simply sharing the rules and process around how to access the register.
Wary1 noted again that it seems the only option was to wait for the annual reports or pay a hefty fee. I simply reminded him that this is not quite correct and there are other options. “Banging on”? Hardly.
Simple corrections like this to relevant processes that investors may be interested in should be welcomed here.
Imo, I pretty much agree with asb’s earlier comment on the top20 - Some ebb or flow of top20 holders has almost zero impact on my decision to buy/sell/hold - The changes to nominee holders etc are not black&white tells of true accumulation/distribution afaik, and we hear about the directors’ holding changes separately, which is really, imo, potentially the only real tell of something seriously concerning going on with the company that is yet to be publicised. Even then it’s not certain, but can be an early indication in some instances.
Some fund buying or selling for example doesn’t normally influence my perception of the company’s potential or value. Might be “comforting” when they buy, but doesn’t change my plans. I recall that blackrock was buying above $4, and when I analysed (and posted a summary of) a significant portion of their trades some time ago, they weren’t making much $$ trading it (if any) iirc. Some people may trust or try to follow the big players, good luck to them - imo I’ve heard and read enough of their analysts’ content to think they are often stabbing semi-blindly at best, anyway.
Anyway, if the movement of the top20 is important enough to you, or anyone else, then I guess you’ll/they’ll pick up the phone on Monday and see what the company can do about more frequent publishing of it. Until then it’s just more venting, which is essentially ineffective if actual change is the true objective.
GL
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