friday has a y but no z !, page-9

"It would seem its not wayne or buyback and if its one of the major 3 how many can they buy before reporting again? Sorry for my ignorance on this "

Seedy there are 190m shares on issue so you have to hold 5% of these to be a sub holder for reporting, so anyone under 9.5m shares does not have to worry.

The 3 amigos have to lodge a change of sub holder notice everytime their holding changes buy 1% so for example the last M & G notice lodged on the 27/02/12 said they had 30.5m shares ( 16% ) they dont have to lodge again until it changes by 1.9m shares (32.4m)

They can off course lodge a notice at anytime if they want to. You are correct its not the buyback or directors buying ( prior to today )

It could be brokers getting the tier 1 clients ( sophisticated investors ) set prior to a general buy rec coming out by one or more of the brokers from the recent roadshow.

Cheers Hoot