dumping, page-12

Sankhara - that's the best news I've heard all day.

Looked last night at two things these being number of shares traded over the last 6months above and below 6.4c and % SP loss during declines such as the most recent one. Simplistic analysis I know but results were:

1. Shares traded below 6.4c over last 6 months = approximately 340 mil compared with 25 mil above 6.4c. Since the last time GCR decended below 6.4c, there have been 214 mil shares traded. This to me indicates that share distribution is nearing equilibrium.

2. The last % loss assocaited with a decline such as the most recent one was 25%. A 25% fall from the most recent high is 4.275c. Again I think a nice coincidence.

I personally think we have hit bottom and we will now see a steady rise to forthcomming announcments. With CBA out of the way, I expect accumulation to occur.

Anyway these are my thoughts.

GC