insto buying @ ???, page-2

I'm not overly excited by the price either, but...:

"The balance of the stock was placed to institutional clients of Southern Cross Equities Limited."

Anyone else keen to find out who these 'institutional clients' might be? Have a look at the Top 20. It's not exactly littered with big corporate names or fund managers.

MLX and WGR hold 28% - so where did the other $5mil go to? THAT ladies and gentlemen is the $64m question.

JT