maybe oversold

Emailed Brian Leedman, he is current on a road show in Germany and requested most recent Top 40 shareholders list to compare with previous list.

Lists are for 15May and 25May with the main comparisons being:
1. Top 40 holding has increased from 75.75% to 75.88% (800,000)
2. Number 1 Shareholder has increased holdings by appox 2million shares
3. Number 6 Shareholder has decreased holdings by appox 1.4million shares to Approx 18million shares.
4. Number 13 Shareholder dropped to Number 17 decreased holdings by appox 1.5million shares.
5. While the positions within the Top 20 because of previous Number 13 Shareholder, there were no exits.
6. In the Top20 thru Top40 there were 3 exits and new entries at at 22, 32 and 39.

With Top20 still holding 71.63% and only minimal change thru 21 to 40 drop in share price does not appear to be the result of top end dumping. Picking up of 2million shares by Number 1 sharehold should be accepted as a sign of confidence but we must wonder why we have not seen any Change in Substantial Shareholding Notices.

Selling now want you think is trash just may turn out to be someone else's treasure.