top 20 update

movements from the 29th Jan to 5th Feb:

HSBC down 700K, ANZ Nom's up 600K. Top 3 therefore no change (Lundin sits it WBC Noms).

Bow Lane dropped 2.4M and JP Morgan is out of the top 20 (must have sold a min 500K shares). There is a new entrant (Minsk) with 3.6M and a Michael Mandzij with 2M.

1.2M left the top 20 in all.

So in summary, since the 30/11/06 ie. before the ann that IMIDRO issued the letter, approx 14M have been let out by the top 20 of which 8M has been Merryl Lynch (for reasons previously alluded to in here). The rest is chicken feed.

Panic? Not by the real holders by the looks of it.