Decent reshuffle in the Top 20 which seems to have been completed off market imo. Other noticeable changes have UBS adding a million in the last 6 weeks whilst HSBC and one other holder imo facilitating the 5M share sale.
By my Calcs. our Top 4 on the tradeable register are CityCorp, UBS, National & Maxim (part holding 3.2m) and combined hold over 23m shares of the current 86m.
Canaccord are still the biggest net seller on market.
DYOR
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With the top 4 or 5 shareholder holding 25% of the market cap will they sell off at intervals on the rise rather than sit for long term though as being funds they need to reward. I hope they don't but looking at a minus 12% today was strange as it was starting to trend well to November US announcements now we have to re make up the ground. it was good to listen to the MD very well spoken and I like the celebrity comment about there charity endorsements.
