Latest top 20 is on the unith website.. Blakes continue to sell. In the last 6 weeks, they have offloaded over 16M. Still holding 19.5M, and given the low volume the last couple of trading days, are they happy to hold now, or do we think they just want a slightly higher SP to offload more?? Interestingly, quite a few others in the 20 top have increased their holding, so despite 16M being sold by the Blakes, the total shares of the top 20 has gone up a couple mil. So a lot have been bought by others in the top 20. Actually, there are a two at equal 20th, so we have a list of 21 in our top 20. It's good to see that 9 of the top 21 have increased their holding. BNP Paribas Noms have added 8M, and 6 others have added between 1M & 4M more UNT's. Citicorp still dropped another 2M, but given the previous period of 3 weeks, they had sold off 9M, it seems their selling has slowed. It's a shame we haven't sparked the market, because big volumes would hide things like the Blakes selling 2-3M a week. But without that, that sort of selloff really does stifle the SP, and as such, discourages new investor's motivation to get it. If their goal was to tank the SP, its working.
UNT Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
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