ANZ is not going to unload their 22% stake in ADY. Some of you on this thread have very short memories of ANZ's holding in this company. Let me refresh your brains with the figures of ANZ's holding in this company:
Annual report of 2005 :-
ADY 490 million shares, ANZ 25 million, equal to 5%.
Annual report of 2006 :-
ADY 556 million shares, ANZ 96 million, equal to 17.3%.
Annaul report of 2007 :-
ADY 746 million shares, ANZ 318 million, equal to 34%.
Take no notice of the downrampers, doomsdayers and scaremongerer's on this thread, they only want you shares cheap, stick to them, this is a great company.
cheers,
Ray.
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