Investing in Super in a Tax Free Environment?

In nab, i'm guessing half a million shareholders but they're still totally outweighed financially by ten or 20 institutions. It depends on it's the trading activity, not the holders, who determine the price, right? So if you're seeing a lot of buying and selling retail investors, and the institutional investors are doing nothing, then it'll be retail investors who drive the activity  and vice versa. As we get more passive money into e t f and so on, where they're only moving their portfolios once a quarter, that won't change quite so much.