I posted a request earlier on the top 20', so thanks to Bev and Jefferies for their posts.
I had a good look at the current top 20 vs the top 20 from 16 Sep 2005.
This is what I found :
- The top 20 holders have increased there % holding from 59.49% to 62.43%
- No change at all in top 4 names, ranks and holdings, and they hold 40% of the stock. In fact top 7, one place being displaced by a new big holder in MLEQ
- 3 new big holders in MLEQ, Warnford and Comsec nominees.
- Merrill lynch has moved out
- CEO is now a big holder
So what can be deduced, IMHO
- Big 4-7 holders in for the long term
- CEO has confidence in the CO
- Institutions are getting in.
- Stock getting more tightly held
All good things for the SP I beleive!
I hold 0.04%, so I'm not going to threaten the top 20 any time soon.!!!
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