HMMMM here is the August top twenty!Have a look a National...

HMMMM here is the August top twenty!

Have a look a National Nominees and then look here at them as well after they converted their holding into secured notes

METAL STORM LIMITED01 Aug 2009 to 31 Aug 2009

Top 20 Holders of FULLY PAID ORDINARY SHARES
ORD / FULLY PAID ORDINARY SHARES

1 MR JAMES MICHAEL O'DWYER 119,959,061 -777,685 -0.65 119,181,376 15.99

2 NATIONAL NOMINEES LIMITED 51,554,361 29,476,097 57.17 81,030,458 10.87

3 ANZ NOMINEES LIMITED CASH INCOME A/C 74,104,540 5,009 0.01 74,109,549 9.94

4 O'DWYER INVESTMENTS PTY LTD 23,687,184 0 0.00 23,687,184 3.18

5 MILAROI PTY LTD 6,223,733 0 0.00 6,223,733 0.83

6 MR GRAHAM BUGDEN 5,771,570 0 0.00 5,771,570 0.77

7 MR GORDON MENZIES WILSON 4,425,694 300,000 6.78 4,725,694 0.63

8 MR ROBERT WILSON 4,312,767 0 0.00 4,312,767 0.58

9 DELPHI SYSTEMS PTY LTD 3,310,072 0 0.00 3,310,072 0.44

10 MR TIN SHEUNG LAU 2,729,255 500,000 18.32 3,229,255 0.43

11 MR ROBERT WILSON 2,986,756 0 0.00 2,986,756 0.40

12 PIPCO PTY LTD CENVET LTD PENSION FUND A/c 2,530,539 0 0.00 2,530,539 0.34

13 MR IAN DAVID FORREST 2,218,531 281,469 12.69 2,500,000 0.34

14 MR PAUL JEREMY HAY 2,299,090 0 0.00 2,299,090 0.31

15 MR CHRISTOPHER DALE GUNNING 2,214,154 0 0.00 2,214,154 0.30

16 DAYDREAMERS PTY LTD THE DAYDREAMERS FUND A/C 2,203,884 0 0.00 2,203,884 0.30

17 PATRICK HANSON GERLY HANSON HANSON FAMILY SUPER FUND 2,200,000 0 0.00 2,200,000 0.30

18 MR WILLIAM MCALLISTER MRS GRACIA MCALLISTER 2,129,749 0 0.00 2,129,749 0.29


19 MR DAVID ARTHUR BEAMISH 2,037,062 80,884 3.97 2,117,946 0.28


20 SYMRED PTY LTD LANE S/F A/C 2,098,062 0 0.00 2,098,062 0.28

Total 348,861,838 46.80

NOW AFTER TODAYS RELEASE of the Top 20 and Distribution of New Securities for those that converted their Convertable notes into secured notes correct me if I'm wrong here but that gives National nominees a very large total now in shares 51,554,361, secured notes 65,175,812(which can be converted to shares easily) and also options 46,554,151 which can also be easily converted, I'm not sure of the possible total, it would depend on the conversion of the secured notes to shares and how many they got, but someone is taking a fairly large position in our company I believe, without us being able to see or even be aware of who it is, because they are hiding behind National Nominees holdings, perhaps ASIC should look at this as it seems to be a bit irregular to me?