Top 20, page-7

Checking past annual reports number 1 is actually the buyers of Curtin Uni holding in epat, which also aligns to the magnitude of shares that would be

The key really simple overview is 33% of the stock is escrowed for 2 years, the other 33% is the placement holders which due to the oversubscribed and strong demand tells me the underwriters would have handpicked where the stock goes and place it in tight hands who aren't willing to top it all out for just 5c .

That leaves just 33% of existing holders who are likely to have paid over about 5 to 8 c for the stock and so will likely want to see some returns before selling

With 55% controlled in the top20 and the above numbers I mentioned we may find it is going to be kept tight ,