Replies to post #26721 on 88 Energy Ltd (EEENF)

[northendguy]

I don’t really know either, but it would seem a lot more prevalent if the banks were just holding the stock for clients or acting as their brokerage. And I have seen a large brokerage, JPM, take a stake on an OTC before. It was NSRCF a couple of years back. Not often, but it does happen.

[Craigheish]

The whole issue of Nominee Names in Australia, is way too big to explain here on this site.

But rest assured as the word Nominee is included in the registration, that shows on the top 20 shareholder lists, holdings are an accumulation of all shareholder holdings, by all accounts held by the nominee.