Solomon Lew's Premier Investments has issued another scathing attack on department store Myer.
This is the latest missive in what Myer has described as a "disappointing but unsurprising" war of words.
Premier now alleges the department store has 17,150 Myer shareholders with "unmarked parcels" of shares.
These are defined as holdings worth less than $500.
Premier alleges the number of unmarked parcels has risen sharply in recent years, to 35% of the total register of shareholders.
"These numbers demonstrate the rapid slide in value of Myer over the past seven years and the impact it is having on Myer’s small retail shareholders," Premier said in a statement.
"The fact that 35% of Myer’s register owns an unmarketable parcel of shares is a statistic better suited to a speculative junior mining stock and is another embarrassment to the great Myer name."