Ann: Funding update, page-25

Thanks phillip. Yes, the joy of having instos on your book. You need them on one hand but when they get the poos they can decimate the price which in turn soaks up the buyers/scares them off, stop losses are triggered, technicals are broken and we have what we had where we get sold down on low volume. Instos love making a point and flexing their muscles because they can and it is not their money. Makes little sense to trash the price and market cap when you're trying to secure a bucket load in finance. Some people say that the mc is irrelevant to finance but i personally don't believe that. I guess that is why they're on the big bucks!