Ann: Appendix 4C - quarterly, page-39

Of course. It is an indication of someone who has sound investment skills, evidenced by his decision to leave this stock at what appears to be just the right time. If someone has the money to be a top 20 holder then it's highly likely that they have a degree of knowledge with regards to investing. He made all the right decisions along the way and I strongly suspect he has walked away with a profit or, at worst, relatively unscathed. As opposed to this, many holders here refuse to accept any research that conflicts with their view and they become wedded to the stock to the point where you now have people with a LOT of money potentially teetering on the edge of losing the lot.

So when offered the choice between taking the opinion of a top 20 holder or someone who seems to get their money stuck in dog after dog, I'd take the top 20 guy a hundred times out of a hundred.