when 80c = $1.20, page-8

Hi drummnutt, I found a list of institutions that happened to have disagree with you. It is not much, merely a few hundred millions and consist of the top 20 shareholders in PBG.From KIVI's chart I think I will add a few more on Monday to help it along.

Below is Pacific Brands’ 20 largest registered shareholders
Shareholder
Number of
shares
% of total
issued capital
1 JP Morgan Nominees Australia Limited 193,646,836 20.84
2 HSBC Custody Nominees 113,131,735 15.17
3 National Nominees Limited 108,815,343 11.71
4 Citicorp Nominees Pty Limited 57,018,929 6.14
5 ANZ Nominees Limited 30,874,371 3.32
6 Cogent Nominees Pty Limited 15,913,309 1.71
7 RBC Dexia Investor Services Australia
Nominees Pty Limited
11,250,919 1.21
8 FJP Pty Ltd 8,125,000 0.87
9 UBS Nominees Pty Ltd 7,955,708 0.86
10 HSBC Custody Nominees (Australia) Limited
– A/C 2
6,222,897 0.67
11 Citigroup Nominees Pty Limited

6,011,236 0.65
12 Queensland Investment Corporation 5,952,116 0.64
13 RBC Dexia Investor Services Australia
Nominees Pty Limited
5,212,124 0.56
14 Bond Street Custodians Limited Smaller Co’s A/C>
4,858,635 0.52
15 Australian Reward Investment Alliance 4,464,002 0.48
16 RBC Dexia Investor Services Australia
Nominees Pty Limited
4,383,866 0.47
17 Citicorp Nominees Pty Limited WS Small Comp A/C>
3,804,629 0.41
18 ANZ Nominees Limited A/C>
3,745,390 0.40
19 Vivnat (Curtin) Pty Ltd 3,582,000 0.39
20 Citicorp Nominees Pty Limited leaders Fund A/C>
3,500,000 0.38
20 largest registered shareholders 598,469,045 64.40
Total issued capital 929,294,088 100.00

20 shareholders holding 64% all are institutions.Together with non substantial holdings by other institutions, institutions holding are a lot more then we I original thought, retail shareholders have a smaller percentage only. Basing on this fact alone, profit taking is not that significant anymore.Just my guess. They are a few that back their beliefs, perhaps you should too, there is much to make here, consider 46c difference from here to 40c.

Good luck to your other trades, long time to wait here.