Here is a list of NST’s top 20 shareholders from 14/8/2018.
https://www.copyright link/research-tools/NST/shareholdersHere is number one.
HSBC Custody Nominees (Australia) Limited 14/08/2018 with 289,952,710 shares or 47.27% of the top 20 which holds 82.55%. That’s ~39% of the company.
Who are these people? Why do they get to control 39% of NST’s stock without needing to launch a takeover for the company?
Let’s dig into all these nominee accounts of the top holders of NST, HSBC, JP Morgan, Citicorp and see how control is really exercised in NST’s case. Let’s take this bird’s nest to the takeover panel and get them to unpack it.
Remember JP Morgan’s who hold second place on the NST’s share register have been convicted as felons under US laws and have paid out about US$30 billion in fines, penalties and settlements since the year 2000 for inappropriate corporate behaviour some of which were felonies (ie crimes).
https://hotcopper.com.au/threads/an...4436534/page-31?post_id=35671148#.W9vK6xo_WhAAnd you patsies want to come here and criticise a hard working company and board that found, financed and built some the best little gold mines in Australia.
The nativity of people never escapes me. Your beloved NST is controlled by companies linked to banks that have been convicted of crimes. That is fact. Esh
