Some perhaps with end of financial year need reduce their holdings, certainly some may feel worth finalizing all the losses they have taken FYE2009 as not a lot of good numbers expected.
Then can buy back in start FYE2010 to have FYE2010 show as profit gains.
Centrelink: People with part income from Centrelink may need sell so reduce holdings so reduce Centrelinks "Deemed Income" tax. After past years losses a lot more people receiving partial income may see this in terms of extra fortnightly income.
Believe many only need declare their holdings once(?) a year, so if sell then show Centrelink their reduced EFY2009 holdings statement, so may be another year before they need report holdings for Centrelink "Deemed Income" tax.
GSL Price at posting:
79.0¢ Sentiment: LT Buy Disclosure: Held
