san fransisco, page-9

thanks Nick,
I see that too now???????? I wonder why they aren't disclosed in the E&Young report. I thought this would be of important and relevance as they did talk about Westpac buying in, but nothing on selling/top 20 list.

Heres a snippet:
'The monthly volume of shares traded over the year varied from 3% to 25% of total shares listed.
The peak monthly liquidity of 25% occurred in October 2006, possibly coinciding with the entry of
Westpac as a substantial shareholder. Based on the volumes traded in the last 12 months, trading in
ERG shares is considered relatively liquid. However it is evident from the table above that the share
price over the last 12 months has decreased significantly.'

sorry i not sure what to make of this!! Anyone else got ideas?

snap