Hi Ians I'm getting a top 40 list each month. Im following...

Hi Ians
I'm getting a top 40 list each month. Im following growing holdings by Citicorp nominees,Flexiplan Mgmt and Forbar Custodians.
They have all entered the top 40 and have been building over the last 4 mths.
They may be passive investors seeking value or arbitrage players who will flick at 0.36 or one or more may be warehousing for a second bidder.
Im keen to see how many of the 7 million shares traded during April have gone to the top 40.
The next 3 week will be interesting as the sellers appear to have thinned out. If global markets hold, copper prices hold and Ivanhoe and Entree get out some good news then a second bidder will need to be over 0.50 to get traction.
There are so many moving parts which makes this game a good source of adrenalin highs.
Waiken