Hold tight till 2019-2020, page-16

Does any one have any insight on major shareholders of SWM. Hope I got this right

	Column 1	Column 2	Column 3	Column 4
0	Mr Kerry Matthew Stokes AC	17/07/2017	619,753,734	40.94
1	Schroder Investment Management Australia Limited	17/07/2017	77,495,046	5.10
2	Australian Capital Equity Pty Ltd	17/07/2017	618,711,654	40.88
3	Seven Groups Holdings Limited (formerly Seven Network Limited)	17/07/2017	618,711,654	40.88

I guess this Australian Capital Equity Pty Ltd and Seven Groups Holding Limited are the same entities.

Should I take this as almost 87% of SWM equity held between Mr Kerry Stokes, Schroder and Seven Group Holding. Interesting only 13% equity or less with public retail investors. Should take that as a positive.

Also, market cap hitting $1304 million, and prudent approach to reduce debt all debt repayment worries have vanished. Will accumulate some more at current levels.