30 june financials out., page-28

Hi Guys

I think you will find APG have it right!

They have no need or reason to "fiddle" names and to what purpose!

Absolutely no benefit to anyone.

As far as names are concerned I cant understand why people place so much emphasis on what other shareholders are doing or have done.

Whilst the top 10 could reduce by 5 to 10 mil someone in the top 30 with 5 to 10 mil could liquidate in total.

So what is the difference?

Some of the bigger punters in the top 20 are more than likely to move or liquidate some stock to assist with their cash flow, tax matters or asset protection.

Dont always be fooled by names.

An individual as a trustee can show as an individual on a register.

And again a company acting as a trustee may show only as a company.

I dont give two hoots what others are doing, (other than Directors) my focus is on the financial viability and direction of the company I choose to invest in.

We dont know other investors financial positions or privy to their financial portfolio or plan.

Without doubt this stock along with others is manipulated for the benefit of those doing the manipulation.

From what I have seen and heard usually by those trading the stock looking to pick uphalf a cent on a trade on a few hundred thousand shares.

I cant imagine anyone in the top 20 wanting to manipulate the stock or supress it.

Take any of the top three.

For every 1 cent rise or drop on paper they make or loose between $300,000 and $500,000.

There is no way in the world they will manipulate to make $500 or $1000.

Brokers like comsec, Etrade etc have safe gaurds in place to stop manipulation which usualy come into play with order stacking however have no effect for one large sell order if someone is trying to hold the stock down.

There are plenty of idiots in the world and unfortunately some of them just happen to buy and sell shares with disregard to the law or their conscience.

Cheers