So the latest Top 20 shareholders is out. I did a comparison with the 31st of July statement.
Many holders have been buying on market, or participated in the recent capital raising.
There are some new holders. None leap out at me except Brazil Farming, who have been involved in two recent takeovers.
Most importantly, there is no obvious candidate for who bought the Orica shares (which are none gone).
This is strange, as we all saw the Orica shares were traded in one parcel. Whoever bought them may have parcelled them up and on-sold them. I note, two new holders (Green Lite Energy and Brazil Farming) add up to around 20.8 million shares, give or take. But the conspiracy theorist in me thinks perhaps the parcel is still being held by the one entity but is being held in separate accounts to ensure it doesn't appear in the Top 20.
Anyway, I wonder if we can read anything into the other other new holders.
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