Yes it is interesting to see who has gone over or under the 5% threshold (as per substantial notices which we are yet to see). But what I am interested in seeing is whether any of the major holders of MLS have reduced or increased their holdings since the last T20 update. For example, someone holding 0.8% last year may have bought more and now holds 4.99% of shares; this would not trigger a substantial holding notice but can only be seen with an updated T20. I am also interested to see what proportion of shares are now held by the T20 when compared to the previous update: have the big guns loosened their grip, or is it the same, or reigned in more?
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