Understanding Telix, page-211

Twenty largestshareholders - ordinary shares

Rank	Name		02 Feb 2023		%
1	HSBC CUSTODY NOMINEES (AUSTRALIA)LIMITED		40,150,674		12.68
2	CITICORP NOMINEES PTY LIMITED		31,011,771		9.79
3	J P MORGAN NOMINEES AUSTRALIA PTY LIMITED		27,441,529		8.66
4	ELK RIVER HOLDINGS PTY LTD AS TRUSTEE FOR THE BEHRENBRUCH FAMILY TRUST AND C BEHRENBRUCH		22,675,000		7.16
4	GNOSIS VERWALTUNGSGESELLSCHAFTM B H		22,675,000		7.16
5	NATIONAL NOMINEES LIMITED		12,886,518		4.07
6	GRAND DECADE DEVELOPMENTS LIMITED		10,947,181		3.46
7	UV-CAPGMBH & CO KG		7,525,000		2.38
8	BNP PARIBAS NOMINEES PTY LTD		6,675,428		2.11
9	THE ONCIDIUM FOUNDATION		6,239,360		1.97
10	BNP PARIBAS NOMS PTY LTD		5,443,420		1.72
11	SCINTEC DIAGNOSTICS GMBH		4,312,151		1.36
12	HSBC CUSTODY NOMINEES (AUSTRALIA)LIMITED - A/C 2		3,673,399		1.16
13	BNP PARIBAS NOMINEES PTY LTD ACF CLEARSTREAM		3,264,410		1.03
14	MAN HOLDINGS PTY LTD		3,228,750		1.02
15	PACIFIC CUSTODIANS PTY LIMITED		2,399,466		0.76
16	YELWAC PTY LTD		2,381,804		0.75
17	UBS NOMINEES PTY LTD		2,070,025		0.65
18	NETWEALTH INVESTMENTS LIMITED		1,955,439		0.62
19	JEAN-FRANCOISCHATAL		1,797,069		0.57
20	WARBONT NOMINEES PTY LTD		1,753,946		0.55
Total		220,507,340		69.63
Balance of register		96,198,754		30.37
Grand total		316,706,094		100.00

as at January Annual Report


as far as net trading volumes are concerned since 1st Jan 2023

4 or 5 different brokers have net buys of 1- 1.7 million shares.
and im assuming they are at least a few different buyers if not several.

and if 5 % substantial is 15 million shares

then, even given the stock price doubling over that period, im thinking its extremely under owned.
im also thinking its difficult to get a couple million shares

if someone decided they wanted say 5 or 10 million shares or god willing go substantial - Holy smokes !@!#!$!@
unless a top shareholder wanted out (and why would they?) or a placement etc

just a fun fact considering therapy readouts etc are all due soonish.