Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-39

Lot tighter than many realise. While the annual report showss top 20 as 72%, there are many duplicates ultimately controlled by the same people (Chairman alone has 5 entries alone in the Top). Doing some quick maths, I am pretty sure if those accounte below highlighted were combined and we had 8 more unique entrants in the Top 20 we would be close to 78%. It was really only one of the ex founders (masterman) that helped create liquidity for the new board member to get a good amount.