cba finally out

So Colonial First State Investment Ltd sold a net 9,917,513 Anvil Mining Ltd shares for $47,950,872 from June 17, 2010 to March 10, 2011, decreasing from 10,124,566 shares (6.73%) to 207,053 shares (0.14%), and ceasing to be a substantial shareholder.

They have been active sellers for some time when you look at the trades.

Omers Administration Corporation has increased their holding from 3.9% to 5.03%.

Now that CBA are finally out this should reduce the downward presure that has been on the share price for such a long while. Commodity and other marco factors still a major influence of course.

Next week production, profit and Kinsevere II construction update.

All the best.

KKR