Zedster, you appear to be solely fixated about the T plus 3...

Zedster, you appear to be solely fixated about the T plus 3 clearing function of ASX trades and the use of Broker Nominee Accounts to help out where trades haven't settled. There are far more important issues involved here.

In so doing you appear to be claiming that Broker Nominee accounts never hold stock for clients who wish to remain anonymous? That's a big call! Are you really prepared to stand behind that statement?

And you seem happy to ignore the quite telling churn numbers. Don't forget that the trading activity of the entities listed have earn't them a place in the CDU Top 30 of the register. That in itself is quite an accomplishment and raises concerning questions.

What about the other Nominee Accounts like Brispot Noms, UBS Nominees, Warbont Noms etc etc who permanemtly hold stock on the registers of ASX entities and who have been involved in corporate actions at various times? You appear to have nothing to say about such activity. Why ignore this issue?

And what about the fact that these anonympous entities are even prepared to combine with unrelated entities to achieve what must be joint aims. Why, particularly as a non holder, aren't you prepared to consider the potential for such activity being directed towards CDU at some stage?

Just as a matter of interest, how do you explain the permanent appearance of the likes of Comsec Nominees in various companies as illustrated below, and for that matter the appearance of all of the other familiar NOMINEE NAMES (in blue) who also are associated with CDU and generally churn their holdings. Many of these companies have clout and are connected to the BIG END of town. Why would they be so involved with a dud stock?

First Australian Resources (FAR)

TOP HOLDERS

http://www.far.com.au/files/asxannounce/Elodge%20ID108984%2020Jan04%20-%20allotment.pdf

1.GREGORACH PTY LTD
2 ST MELLIONS INC
3 LINK TRADERS (AUST) PTY LIMITED
4 BRUCE BIRNIE PTY LTD
5 COMMODITY TRADERS (NZ) LTD
6 FOXIQUE PTY LTD
7 CATHOLIC CHURCH INSURANCES LIMITED
8 SLIPLINE PTY LTD
9 NEFCO NOMINEES PTY LTD
10 TOUR HOLDINGS PTY LTD
11 ANGLE STAR LIMITED
12 YATESBURY PTY LIMITED
13 COMSEC NOMINEES PTY LIMITED
14 ACCBELL NOMINEES PTY LTD
15 MR GEORGE PANAGAKIS


Central Petroluem (CTP)

TOP HOLDERS

http://www.hotcopper.co.nz/post_single.asp?fid=1&tid=1257321&msgno=5722651

Comsec Nominees Pty Limited
National Nominess Limited
Avatar Equities Pty Ltd
Renlyn Bell Investments Strata Resources Ltd
Paticoa Nominees Pty Ltd
RBJ Nominees Pty Ltd
ABN Amro Clearing Sydney Nominees Pty
ANZ Nominees Limited
Franze Holdings Pty Ltd
Advent Energy Ltd
Paticoa Nominees Pty Ltd
Mr Bradley Barrie Shirmptin
Mr John Phillip Heugh
Renlyn Bell Investments Pty Ltd
Mr Anthony Norman Buist
Etrade Australia Nominees Pty Limited
ICM Australian Nominees Pty Ltd
Mr Simon Philis
Pan Australia Nominees Pty Limited


MEO Australia Limited (MEO)

http://www.meoaustralia.com.au/icms_docs/78540_Top_20_Shareholders_Aug_2010.pdf

TOP HOLDERS

J P MORGAN NOMINEES AUSTRALIA LIMITED
CITICORP NOMINEES PTY LIMITED
RAYDALE HOLDINGS PTY LTD
MR MARK JEFFREY HANRAHAN
NATIONAL NOMINEES LIMITED
HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED
E & P INVESTMENTS AUSTRALIA PTY LTD
ANZ NOMINEES LIMITED
AURISCH INVESTMENTS PTY LTD
MR MAXWELL THOMAS QUIRK
UBS NOMINEES PTY LTD
SURFLODGE PTY LTD
PAN AUSTRALIAN NOMINEES PTY LIMITED
FORBAR CUSTODIANS LIMITED
MR THOMAS FRITZ ENSMANN
HSBC CUSTODY NOMINEES (AUSTRALIA) LTD
MR PETER JULIAN MCPARTLAND
SHARE DIRECT NOMINEES PTY LTD
INCONSULTARE PTY LTD
ALRENE PTY LT
COMMSEC NOMINEES PTY LIMITED


ADMIRALTY RESOURCES NL (ADY)

http://www.ady.com.au/img_n_doc/1251245238_Top%2020%2025%20Aug.pdf

TOP HOLDERS

1. ANZ NOMINEES LIMITED
2. BLB HOLDINGS PTY LTD
3. UBS NOMINEES PTY LTD
4. MR YONGJIN LUO
5. HSBC CUSTODY NOMINEES (AUSTRALIA) LTD
6. MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LTD
7. NATIONAL NOMINEES LIMITED
8. MR ALFRED GILLILAND
9. MR SOON JEUNG YUEN
10. CITICORP NOMINEES PTY LIMITED
11. COMSEC NOMINEES PTY LIMITED
12. MR WARREN WILLIAM BROWN
13. DR RICHARD STUART PARRY
14. AVANTEOS INVESTMENTS LIMITED
15. FAIR PRICE IMPORT EXPORT PTY
16. MR PAUL ANTHONY SIFIS 6,000,000 0.36
17. FORBAR CUSTODIANS LIMITED
18. G SANDILANDS INVESTMENTS
19. MR STEPHEN HARRIS
20. CHOTAI INTERNATIONAL PTY LTD


FOCUS RESOURCES (FML)

http://www.focusminerals.com.au/LinkClick.aspx?fileticket=46Y6tIz7aGw%3D&tabid=253&mid=798

TOP HOLDERS

1. ANZ NOMINEES LIMITED
2. HSBC CUSTODY NOMINEES LIMITED
3. NATIONAL NOMINEES LIMITED
4. Mr GUL CHANDIRAM
5. J P MORGAN NOMINEES AUSTRALIA LIMITED
6. COMMSEC NOMINEES PTY LTD
7. MATADOR MINING
8. CITYCORP NOMINEES Pty Ltd
9. BERNE NO 132 NOMINEES PTY LTD
10. NEFCO NOMINEES PTY LTD



VERUS INVESTMENTS LTD (VIL

http://www.verusinvestments.com.au/fact_sheet__shareholders.13.html

Major Shareholders

Comsec Nominees Pty Ltd (3.29%)
Sacha Investments Pty Ltd (2.69%)
ANZ Nominees Ltd (2.04%)


Cheers
Nev

[email protected]