updated top 20 list , page-11

Just one last thing regarding the top 20 list. ConsMin are number two with 19,538,000 shares. But in the last ASX notice on 01/06/11, they say that they hold 22,938,000 shares.

http://www.asx.com.au/asxpdf/20110602/pdf/41z0p7zrf2s9qq.pdf

My first thought was that the 3.4M shares (being the difference) are held through Consolidated Iron. Consolidated Iron was ConsMins subsidary company that originally owned the Shaw River and Nullagine River tenements which were joined with ALKs Bonnie Creek to make BC Iron. In some older top 20 lists Consolidated Iron did appear. Consolidated Iron had 900,000 shares collected in a capital raising, and it's possible that when ConsMin took their shares in the 2009 SPP, that they were held through Consolidated Iron, and not ConsMin, since Consolidated Iron were the true custodians of the original IPO shares. I'm not sure which nominee/s hold these shares. But there isn't a nominee with 3.4M shares next to their name. So I figure it's under nomineeS. ConsMin would still hold these shares because they haven't updated the ASX that they have changed their holding. However a couple million shares have been brought by Consmin on the market, mainly just before and shortly after the failed Regent bid a year ago. But during that period ConsMins top 20 holding has gone from 18.7M (2010 annual) to 19.538M (2011 annual). There were much more than 838,000 shares brought by ConsMin during that period. And this would also contradict my thought about Consolidated Iron owning these extra shares.

These are the companies associated with ConsMins online purchases.

*Consolidated Minerals Australia
*Consolidated Minerals Holdings
*Consolidated Minerals Belgium
*Consolidated Minerals Hong Kong

No wonder it's hard to understand where these shares go. And Regent's share purchases are much more complex than ConsMins.

That's me done trying to work this thing out.