Ann: Becoming a substantial holder, page-3

Possibly, but probably not, short positions in MRM peaked in august at around 13% of shares on issue, since then they have gradually come down to now be a little over 10%. Energy sector is turning around. Saudis are running with a deficit of around 23% of GDP. Iran and others are rather unhappy at the current POO. SP just crossed the 100 day MA. I'm seeing possible resistance at around 58-60c which is likely a very important level, strong possiblity of a golden cross of the 200 day MA at that level. Of course things could all turn south next week. Still unsure as to the court action. Still have some balance sheet 'issues', though at least we aren't carrying such fluff as 'goodwill'. I'm accumulating.