volume and top 40 analysis 3 june to 7 july

Seems to be more mistruths about so called accumlation.

Lets go through the facts.

Comparision Top 40 from 3rd June to 6th July as released on the ASX

STOCK TRADED in that period 1,117,390,265 including today

Analysis from current to previous top40

1. JDB - Callejas +55 million shares, cost $0
2. Comsec nominees +22mil
3. RC Johnson - no change
4. Paldar Noms less 4 million shares
5. Hanley LO + 11.25mil
6. Podium enegy - less 13 million
7. RBC No Change
8. Jackson St less 1.5million shares
9. Caracob less 8000 shares less
10 Graeme wood +3million shares

Big changes outside the top10
1. Previous No1 FIORI less 23million shares (used to be No.1)

Apart from that its just small holders.

So based on what has been annouced apart from comsec noms getting 22mil and Hanley LO getting 11million nothing else major.

So with 1.11 billion shares traded only change in the TOP40 is 3% with comsec.

I think you can draw your own conclusions as to what this means.

But for mind, no real players are accumulating anything. Unless you subscribe to the theory they are doing it in multiple accounts under 2mil shares at a time in which case they can supply a top100.

For mind its simple what this is, classic churn and burn.

Good day Folks and happy trading to all.


Source

http://stocknessmonster.com/news-item?S=ESI&E=ASX&N=320255

http://stocknessmonster.com/news-item?S=ESI&E=ASX&N=318837