This looks a little outdated, from the company's website, top 20...

This looks a little outdated, from the company's website, top 20 ownership:

http://www.westernareas.com.au/phoenix.zhtml?c=169423&p=irol-OwnershipSummary

Ownership Profile
Top Holders
% O/S
Jungle Creek (Terry Streeter) 18%
National Nominees 8%
JP Morgan 6%
Northmead Holdings (Allan Geenwell) 6%
UBS Wealth Management 5 %
Citicorp Nominees 4 %
G Santalucia 4 %
ANZ Nominees 2 %
HSBC 2 %
Marford Group PL 2 %

Obviously streeter might have to hand over a few of his if he is found to have been dodgy.

UBS rated as a sell above, yet they appear to have 5%. If they still do, and have been adding recently, I think I will write a letter to ASIC.