holds ags, page-8

Hi drdave,

yes, under my real world name I am listed in the top20 of IPE options holders (#14) (for an investment of only a few grand!)

Am still selling VTP (it's taking a while to offload a large volume) and in order of attraction to LICs I rate

1. SOE 2. LRF (pretty close though b/t 1 &2) 3. IWI 4. IPE etc..

send me a mail to glen_billington"at symbol"optusnet.com.au and I can provide some more of my thoughts on SOE if you want (I share thoughts my my trading syndicate by email)

Best regards

Ralphi