Just realised I exaggerated the relevance of my holding in my last post. I went back looking for the top 20 and the latest I could find was in the 2009 annual report. Of course, we have had a large rights issue since then, so top 10 holdings would be much higher now particularly as a quarter of the capital raising was placed with instos and "sophisticated" investors. I imagine the new top 20 will look vastly different to that of last year's.
Interesting to see a buyer come up today seeking 300,000 shares at 36c and he was taken out almost immediately. It wasn't me :) I do get the feeling though that gains in the share price over these next few months will be hard to find. Hope I am wrong.
GPASAS
PSH Price at posting:
36.5¢ Sentiment: Hold Disclosure: Held