Ann: Quarterly Update and Appendix 4C, page-5

Galba - I had come to a similar conclusion as you re Westpac.

I also think their use of the term "ASX 25" is interesting, as normally the indices are referred to as ASX20 and ASX50, not ASX25.

So curiosity got the better of me and I looked at the companies in positions 21-25....AMP, South32, AGL, IAG and Ramsay Health.

My money is on Ramsay Health as the second one. This fits nicely with their push into Telstra Health and Japara, as LVH works really well with contingent/transient workforces as you would expect to see in the Health Care sector. Ramsay has 27,000 employees in Australia, and another 30,000+ in Europe and Asia.