notice of change of interest

For all you fools out there, huge and co who were predicting that RIO would end up with 80%+, please read the following:

"Energy Resources of Australia Limited — Form 604 Notice of change of interests of
substantial holder
Enclosed is an ASIC Form 604, Notice of change of interests of substantial holder, in
accordance with section 671B of the Corporations Act 2001 (Cth).
Following completion of the Retail component of the accelerated renounceable
entitlement offer announced by Energy Resources of Australia Limited (ERA) on 12
October 2011, Rio Tinto's relevant interest in ERA has returned to 68.39%.
Yours faithfully"

As I was saying all along, NO CHANGE in RIO holding.

That shows that other investors supported this at $1.65 last week and at $2 in the previous raising. The fact that the price is now below $1.65 shows that the market has no idea how to value this company.

Also for huge, the volume looks normal today, will end up less than yesterday's volume. There goes that 32M stag estimate.

EXTREME BUY recommendation retained.