Settle down no need to get upset and scream and shout.
Many companies actually contact large shareholders when they have a change of their position and they have not already done so themselves they assist them to do the relevant reporting.
I have also seen companies when there has been considerable changes in the Top 20 to include an updated list with a 4c or in a newsletter or some other form of announcement.
The above actions are actually excellent examples of disclosure and good corporate governance to their shareholders.
Perhaps there is a need for ASIC to make it compulsory for companies to report all changes of 10 million shares and over to individuals and related parties. Many investors make or do not make an investment on who the major shareholders are.
IMO DYOR
MOT Price at posting:
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