The ASX sub-holder notice is a clear evidence of BoA holding 1PG...

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    The ASX sub-holder notice is a clear evidence of BoA holding 1PG in their own capacity!

    The substantial holder notice is reported from beneficial owner, not nominees.

    If your theory were right, then Comsec, E*Trade should issue substantial holders everyday as they purchase piles of shares on half of retails.
 
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