14.5cents, page-21

Hi Sam
Perhaps you can ask Nev of CDU as he can produce the following summary.


Trading Black Monday May 3

The "T plus 3" fog has lifted to reveal the primordal footprints embedded into the slime of Black Monday - The day Australia adopted a 40% super tax slug to completely decimate Australia's mining sector going forward. While that may not have been the intention, if it stands in its current form, that will be the result.

Broker Total Value Accumulation Bought Sold Trades

Commsec $773,996 -60,346 120,496 60,150 202

Deutsche $728,200 -83,707 43,304 127,011 333
BBY $672,191 109,336 133,191 23,855 229
Citigroup $405,363 -5996 44,182 50,178 66
AIEX $386,402 23,460 56,860 33,400 96
E-Trade $262,409 33,817 47,698 13,881 69
Macquarie Ins $196,595 2,693 24,193 21,500 64
Merrill Lynch $193,642 -22,871 11,264 34,135 68
Morgan Stanl $160,650 -14,846 11,355 170 2,801
Credit Suisse $156,512 3,376 20,033 16,657 111
GSJBWere $155,022 -10,850 12,254 23,104 43
Patersons $128,286 33,400 33,400 0 14



Net Buyers

Broker Total Value Accumulation Bought Sold Trades
BBY $672,191 109,336 133,191 23,855 229
Commsec $773,996 60,346 120,496 60,150 202
E-Trade $262,409 33,817 47,698 13,881 69
Patersons $128,286 33,400 33,400 0 14
AIEX $386,401 23,460 56,860 33,400 96
Macquarie Ret $46,936 11,000 11,00 0 16



Net Sellers

Broker Total Value Accumulation Bought Sold Trades
Deutsche $728,200 -83,707 43,304 127,011 333
Daiwa $117,619 -27570 0 27,570 42
Shadforth $121,294 -25820 1,180 27,000 32
Merrill Lynch $193,642 -22871 112,64 34,135 68
Morgan Stanl $160,650 -14846 11,355 26,201 170




COMMENTS:


Commsec and Deutsche Bank shared the mantle of highest Total Values for Black Monday.


BBY was probably implementing the company Buy Back


Deutsche Bank continued their net selling trend which commenced in earnest after the MOU announcement on April 14. In that time they have been by far the biggest net seller even though the selling numbers are not overly large for an ASX200 stock.

Selling After the MOU

408366: Deutsche Bank
142355: Morg Smith
122400: RBS Morgans
68,313: UBS
47,850: Austock
41,096: Ord Minnett
36,728: RBS


Buying after the MOU

280135: Commonwealth
134448: GSJBWere
121780: BBY
78,639: Bell Potter
72,814: Credit Suisse
72,738: Macquarie Insto
70,157: AIEX
61,396: Lodge
50,761: Patersons


Interestingly Commsec bought 963,153 shares and sold 683,018 to establish their net gain of 280,135 shares which involved 1,853 separate transactions with an avg parcel size of 888 shares


Deutsche Bank bought 685,994shares and sold 1,09,4360 to establish their net sell position of 408,366 shares which involved 3,134 separate transactions with an avg parcel size of 568 shares

The above two traders completely dominated the trading of Cudeco shares during that period as is demonstrated by looking at net accumulation and the Total Value of trades to achieve it. The top 3 net buyers and the top 3 net sellers during that period are as follows

Buyers:
Commsec: 280,135 =>Total Value of trades = $7,879,367
GSJBWere:134,448 =>Total Value of trades = $1,777,234
BBY: 121,780 => Total Value of trades = $1,917,939

Sellers
Deutsche: -408,366 =>Total Value of trades $8,525,719
Morg Smith: -142,355=>Total Value of trades $907,071
RBS Morgans:-122,400=>Total Value of trades $617,455

The data continues to speak for itself eh!

After Wall Streets effort last night, I think I will try a bungy jump today and keep myself away from the internet Cafe's. I have a feeling that it ain't going to be pretty.

Cheers
Nev


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