The top 20 showed some decreases soon after the cr in the period between 8th and 29th Dec but it also showed some increases which more than offset the decreases, most notably Sunset Capital added 2,505,000 shares. A private holding, Mrs Maria K, increased by nearly 1 mill shares and another, Mr Scott B, added 252,000. Citicorp nominees continued to sell as did HSBC nominees and good old S3 (our friends at Next Inv.) sold 230,000. Some of the additions (most likely at least Sunset's) might have been through the cr so didn't support the market price in that period with the sp dropping from 12.5 to 11.5c.
However from the 29th Dec to today, the list shows Sunset held the shares that I'm guessing were picked up in the cr. Three Bears added 676,000, Mrs Maria K added 425,000 and Citicorp has switched from selling to adding to their holding. The net top 20 sellers were very small with the exception of HSBC who had 3.8mill but have now dropped off the top 20.
Two new top 20 holders showed up, one in December, Golden Dawn and one in January, Mrs Plousia S.
