Bullish Sign? - Bounced off 200 EMA, page-1980

Thanks Pioupiou.

Based on the NWH 2016 Annual Report (prior to Golding CR):
* Top 20 shareholders only hold 53.0% of the shares;
* The '257 Club' (more than 100,000 shares but not Top 20) holds 24.7% of the shares;
* Shareholders with less than 100,000 shares hold 22.4% of the shares.

If small shareholders and the '257 Club' tend to be long-term holders, doesn't this decrease share liquidity and increase share price volatility?

And perhaps some '257 Club' T-shirts for the AGM?

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7
0	As at 27Jul17 (2016 Annual Report - ASX Additional Information)
1	Shares	Shareholders	Shareholders			Total Shares	Total Shares
2							(%)
3	1 to 1000		1252			577990	0.2%
4	1001 to 5000		1787			5516010	1.7%
5	5001 to 10000		1106			8992750	2.8%
6	10001 to 100000		1825			56861837	17.7%
7	>100000	277
8		257	257			79391194	24.7%
9	>= 1640054	20	20			170446567	53.0%
10	Total		6247			321786348
11	Notes:	Total shares at27Jul17 = 321,786,348			Check	321786348	100.0%
12		Total shares for Top20 = 170,446,567