Top 20 Movement, page-215

July Top 20


2nd tranche of shares not issued within July, though now approved. Not a lot of movement, though SP ended up losing another 0.2c month on month.

Buyers:
No. 2 HSBC Custody added 812K or 0.4%
No. 3 BNP Clearstream added 4m or 4%
No. 5 BNP Nominees added 8.15m or 11%
No. 10 Bell Potter added 3.5m or 17%

Sellers:
No. 1 Citicorp sold 6.85m or %1%
No. 4 BNP Noms sold 3.2m or 3.6%
No. 6 JP Morgan sold 263K or 0.3%
No. 9 Denis Rakich sold 1.35m or 4.4%

All above trades would have happened on market and most of the above would have taken part in the recent CR, so a bit disappointed to see the sellers taking advantage of some profit taking. Tranche 2 should be issued in August. GLTAH