class action, page-12

Indeed thank you Bigpete.

Recived another Top 40 list today and spotted something interesting..

( Comparing 18.04.12 to 27.04.12 )

1)WAH NAM INTERNATIONAL AUSTRALIA PTY LIMITED remains unchanged with 48,766,028 shares ( 33.62% )

2)HOLDEX NOMINEES PTY LTD also remains unchanged with 31,347,405 shares ( 21.61% )

3)WAH NAM INTERNATIONAL AUSTRALIA PTY LTD BARRINGTONS HOUSE has increased their holding by 2,736,511 shares ( 13.45% )

4)WAH NAM INTERNATIONAL AUSTRALIA PTY LTD have increased their holdings by 9455 shares to 17,184,006 ( 11.85% )

5)CITICORP NOMINEES PTY LIMITED have increased their holding by 92,441 shares (5.71% )

6) JP MORGAN NOMINEES AUSTRALIA LIMITED have increased their holding by 24,249 shares ( 4.25% )

7) HSBC CUSTODY NOMINEES have sold 243,889 shares ( 1.99% )

8) HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED - A/C 3 have sold 324,709 shares ( 0.45% )

9)Mr Gee remains unchanged and moves into the #9 position ( need more like him )

10)FORSYTH BARR CUSTODIANS LTD also remain unchanged this time which is also encouraging.

Other notes are that I see

* Goldman Sachs has gained 358,974 shares and come on the list.

* Wayne Richards has only sold 1513 shares since 18.04.12.

* Sadly Freshwater Resources has bailed out completely now ( well out of the Top 40 anyway ) which is a loss of 633,629 shares :/ )

* J P MORGAN NOMINEES AUSTRALIA LIMITED has sold 441,802 shares.

* McNeil Nominees gone selling 315,229 shares.

* ABN AMRO CLEARING SYDNEY NOMINEES PTY LTD
have sold 634,533 shares.

* C R SCOTT PROPERTY SERVICES PTY LTD bought a few more...nice!

* UBS NOMINEES PTY LTD has popped up at #36 on the list.

* 423,483 shares sold by those outside of the Top 40.

So obviously the funds have been offloading with most shares just about going towards Wah Nam. What a surprise!

I'm thinking most of the shares they are getting aren't coming from the likes of you and I wanting to become WNI share holders ( Gingo excluded I suppose )