As of 23/9/2011:- top 20 held 84.5% of shares issued- 76% of the...

As of 23/9/2011:

- top 20 held 84.5% of shares issued
- 76% of the total number of shareholders held less than 10k shares each.
- of that, ½ owned less than 1k shares each.

Assuming that the top 20 are not selling, it would appear that shareholders who own 15.5% of the company are causing 99% of the damage to the share price.

I'm certainly not defending the directors, because I feel that this close to production, what we should be seeing is institutional buying. What we have seen in the past are very large crosses at $2 and more recently $1.90, however the buying has not overflowed into the market which has subsequently caused an imbalance in the market depth for an extended period.

MM needs to take hold of the situation by ensuring that Windimurra gets good publicity when production commences. That should include roadshows etc....