News: nearmap mapping out expansion plans , page-12

Hi Nice One

WilsonsHTM arent the key sellers really. Last year they were net buyers of 34.57m...mainly for Paradice. This year they have been net seller of 5.34m and only a net seller of 1.19m over the last 6 weeks (Vs UBS net sells of 4.45m). That WilsonHTM clients have only sold (net) 15.4% of their holdings from last year is actually pretty solid support given the huge out-performance. But its good to see Paradice continue to support the buying

I know you are referring to Wilson asset management but they didn't give a breakdown of their sales which I could have possibly tracked. WAM are not the most forthcoming with info and could have released, IMHO, some selling data before they did last week. A year ago, they announced 25.88m for 8.01% and nothing until last week when they had sold over a period (?)9.17m to bring them just under the 5.00% substantial threashhold. They still have 16.707m left which could still be (likely) trickling out. If I recall, I thought WAM did some of their original buying through Baillieu, but I may be wrong.

I'll do a bit more snooping, but its good that Paradice wants to add more.

Cheers