top 40 month end september

For the Top 20 list by name refer to the just published Annual Report.I tend to respect an individual's privacy by not publishing their names.

The reason I share this info each month is simply to indicate any major movements. IF there was an exodus from top shareholders then that would trigger an alarm that we are doomed.

Over the past three years most top shareholders have held their nerve and have not dumped stock even though disappointed with the lack of progress.

Month's Highlights:

1. Gleneagles continues to hold 326.5m shares ( two accounts)belonging to Genorah.

2. Citicorp reduced their holding from 3.5m to 3m.

3. A new joint owner has entered at No 29 with 1.45m shares.

The register continues to remain static. To enter the Top 40 you require just over one million shares.

Cheers