price holding steady, page-33

Downside said !

"Noticed Morgan Stanley were the most active yesterday. I am presuming buying and I presume it is for M & G? Cant get the full buy/sell data for a few days yet."

I think we are going to get our Normal " Santa Rally " as the fundies window dress their books to max out the end of year performance bonuses.

M & G ( Vanguard ) report their performance in January for the Calendar year ending 31/12/11. They were actively buying CDU on market last year in December.

They were the number 1 holder recently ( they were about 2m ahead of O.W ) but have had their holding diluted and the new Mob will over take both them and O.W for the top spot.

Remember their average purchase price is only around $2.85 courtesy of their " Gift " placement of 10m shares at $2 - By buying on market now and driving up the price will be have a twofold benefit to them.

A - they increase their position back up to around 15% of the new total shares on issue.

B - They window dress the funds performance by having the CDU share price as high as possible come close of play on new year's eve.

As Sam Says ! You know it makes sense ! LOL !