Hold vs Accept vs Sell on Market, page-84

Hey guys, I just got out of the computershare again. My intention of visiting was my hunch on there is a price manipulation happening on this stock so I request to look at registry. This time, I was able to access the database again and surf around the computer in much better direction as I have the list on hand, I just need to type in top holder names and I was able to see what I need to know. The whole process took me 45 minutes or an hour.

Anyways, I am going to put up some data up here, hope that some one is brighter than me can see through the price manipulation from this data and enlighten me here of whether should I write to ASIC or not.

As I was mentioned this morning,

a) there are top two individual accounts, whom combined share holding worth 3, 460, 000 shares. They are us, hotcopper members or at least read through our posts. If the total volumes of shares is 344, 290, 053 shares. Two of us already have 1%. They haven't sold any shares since the last time I visit the computershare (9 January). Bravo there!!

b) Citi corp nominees on the 9th January has 2, 321, 524 shares. As by the last updates within 24 hours before today's market, their holding has increased to 3, 346, 051 shares. As I was mentioned a while ago, they went on CMC advised their delegates to sell, and they are very closely related to RG with Loscam and Pact Crate Pool's division sale. This has made me wondering, one side they advised people to sell, yet they are increase their holdings with a price of more than 84 cents. Unless there is an under table deal somewhere between them and RG, I am questioning their motives.

c) JP Morgan on the 9th January has 2, 842, 534 shares. As by today, I recorded they hold 2, 401, 969 shares. While there is a reduction in share holding numbers, I been to Pact's AGM for the last few years, they were there, so I am thinking JP Morgan is just trading around.

d) HSBC, this is another complex institution. They have few nominees accounts though. On the 9th January, they have 2, 516, 889 shares but today recording showed that they only have 2, 094, 701 shares. HOWEVER, I tracked down further that on the 22nd January this year, they created another HSBC nominee account, with holding of an extra 1 million shares.

e) Our lovely hotcopper friend's fund with 5 years horizon investment plan from the 9th January has 5, 677, 011 has by today increased his holding to 6, 776, 012 shares which is equivalent to 2 % of holding.

f) Manipur aka TIC founder/director has increased their holdings from 10, 116, 048 shares on 9th January to today to 17, 214, 503 shares which is equivalent to 5%

g) RG has 4 accounts, Salvage, Kins Group, Bennamon 1 and Bennamon 2. He used his Bennamon 1 and Bennamon 2 account for the take over bids. On 9th January, I calculate it to be 290, 033, 137 shares. Today, I calculated it to be 291, 163, 816 shares which is equivalent to 84.569%. His announcement showed he has 291,317,882 shares, which is wrong from the database I read today again.

Overall opinion

While I am listening to your expertise opinion, judging with the current data I have, it feels like the big sharks are eating small fishes (minority holders) at the rapid pace from both sides, RG's and some funds (not all fundies though).

I think and suggest everyone to hold back your shares please.

I couldn't see why if this company is going privatisation and all big funds are swamping behind our backs to have our shares. Do you think they are nut? Certainly, RG (the worst) tried to buy everything cheap and pump up the price later as he knew Pact will come back in the near future.

Let me know what you guys think?