top 40 month end november

Something very strange has happened during Nov.

Firstly Genorah's shares are still sitting with Gleneagles even though we are told that the $3m loan has been repaid.


Gleneagles reduced its holding from its account no2 from 2,426,426 to 2,200,000.

In other words it sold 226,426 shares that were held on behalf of Genorah.Wonder why this has occured and whether Genorah is aware of the reduction?

Other changes to report are:

1. HSBC sold off 40,000 shares.

2. Citicorp sold off 620,000 shares. ( I think these may also have belonged to Genorah).

3. JP Morgan sold 28,000 shares

4. An individual with initials PJS sold down 40,000

5.National Nominees purchased an additional 80,000 shares


As we know trading during Nov was light.

Regards