CEO 0.00% 4.2¢ c @ limited

Sometime ago, discussion took place about the major s/holder(s)...

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    Sometime ago, discussion took place about the major s/holder(s) possibly decreasing their holding.

    A quick check of Annual Report Top Twenty Schedule,
    notes that as at 24 Aug, our joint top guys with around 38.8 mil (22.34 + 16.46), have increased their holding from the 1st July notice (see 8 July announcement to the market), with another 5.3 mil added!
    So from 33.5 mil, an additional 15.8% has been added.
    {incidently, note 'g' seems to be incorrect}.

    I, like them, see good value.
    Nice to know the faith level is still healthy.
    Another interesting note, is of the top 20 as at 24 Aug, with 33.43% of the Company, the large amount of Super Acc's, and Family Holdings. Note absence of Fund Managers, at this stage, with the exception of HSBC. UBS is hitting the media with their desire to increase Coal exposure (watch this space?).
    Price p/share at 24 Aug was around 8.7c.
    Assume many of these have held, or increased holdings since then :)
    Just some other notes, while we wait.

    Cheers :)
 
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