ADY 0.00% 0.7¢ admiralty resources nl.

anz 46m sold yesterday, page-23

  1. 11,691 Posts.
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    I think you could be right! ANZ will liquidate all the opes shares but they may do that sooner than what everyone thinks!

    This was taken from the top 20 share list last year.
    1 GREEN FROG NOMINEES PTY LTD NOMINEE A/C 196,078,400 22.26
    2 ANZ NOMINEES LIMITED CASH INCOME A/C 118,876,688 13.50
    5 HAWKESWOOD INVESTMENT PTY LTD 10,000,000 1.14

    This was taken just now and was dated 8/4/08.
    1 ANZ NOMINEES LIMITED SL CASH INCOME 4SF A/C 187,933,185 18.40
    2 ANZ NOMINEES LIMITED CASH INCOME A/C 26,940,541 2.64
    3 HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 20,393,099 2.00
    4 NATIONAL NOMINEES LIMITED 17,688,385 1.73
    5 MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LIMITED 17,468,271 1.71

    Green Frog and Hawkswood are the Opes owned shares. So you would expect ANZ will stop selling when their ADY holding reaches 120m which is where it was before the Opes collapse. So I estimate anz only has ~50m shares to go!

    Thats not many! They could off-load them in one x-market trade. I expect they will get snapped up quickly and the price will go back up very soon! Now might be the last chance to get ady at a bargain price!

 
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