Found this, don't know how to confirm it however it seems the Americans are not to be held accountable for the current state of our SP. With around 11% of shares in UNS held by US institutions I think we here in Australia have dropped the ball.......
"Fidelity Select Medical Equipment (FSMEX) Mutual fund purchased 1,280,000 shares of UNIS as reported May 31, 2011.
The largest holding in that fund currently is Covidien (COV).
Covidien is the largest user of prefill syringes behind Becton Dickenson.
This is a specialized fund that focuses on medical devices. Apparently, they have done the research on a sector they know well and are voting with their money as to where they believe UNIS valuation is heading from here."
Credit
Found this, don't know how to confirm it however it seems the...
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