somthing strange with volumes, page-20

Hey Suavesito,

If there is, then it has not revealed itself as a substantial shareholder notice (more than 5%).

I have had a quick look at the notices issued by substantial shareholders over the last few months and it makes for interesting reading, at best.

As follows -

1/10/2010 UBS Ceasing
30/09/2010 UBS Becoming
29/09/2010 UBS Ceasing
23/09/2010 UBS Increasing holding
20/09/2010 UBS Becoming
17/09/2010 DB Ceasing
15/09/2010 UBS Ceasing
14/09/2010 UBS Becoming
12/08/2010 UBS Ceasing
11/08/2010 UBS Becoming
30/07/2010 UBS Ceasing
29/07/2010 UBS Becoming
27/07/2010 DB Becoming
23/07/2010 UBS Ceasing
20/07/2010 DB Ceasing

I concede that these notice are issued when the company moves above or below the 5% threshhold, so it could be more about "show" than anything else. I suggest it is.

But it is interesting to note that DB AND UBS are below 5% at the moment. And have been for a fortnight or so.

I am long SDL.

Make your own judgement.

HB