So the 100 Mill trade, 2% of the total scrip, listed as a 'block special crossing' where the broker processes the trade on behalf of 2 different clients, correct? Is this then effectively an off market trade, i.e. two parties having already agreed to the sale then they both approach a broker to put it through?
If we assume that the 'nominee' accounts are holding on behalf of multiple individuals (none of which 'control' more than 100M shares), and that the pointy end of the register is essentially unchanged from the Oct 31 quarterly, then it means either Farjoy or Mr. Seager Harbour have dumped a significant portion of their holding.
If that is correct, the new holder will be Top 10, either someone already on the register will be climing up the ranks or we will have a new name in the Top 10.
Volume, page-49
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