update, page-56

apg and cfd.s Hi Flev,

on second thoughts It may not be one of you guys.

I know of two people (one on HC and the other not) who apart from owning APG shares are playing APG with CFD's.

Now the insto/fund has to "hedge" to cover the stock.

It would be purley in the interest of the CFD manager to keep the price suppressed hence minimising any losses on the CFD.

So this is also where "Nominee" holdings of a mil or 2 seem to be comming into play.

If anyone wishes to agree/disagree or enlighten me/us as to the workings from the fund side please and confirm or reject my view your comments are welcome.