Most likely it will be held down by Duncan Saville's Utilico sell down now 20,000,000 shares to go,3.52% yet plus HRL Morrison & Co’s Lib Petagna has continued to sell down his stake in Infratil as he scales back his role with the investment bank.567,653,145 shares on issue.
Disclosure Utilico 20-1-14
(a) total number held in class: 66,419,275 ordinary shares
(b) total in class: 561,434,511 ordinary shares (excluding treasury
stock)
(c) total percentage held in class: 11.83%.
I can't remember what Utilico had initially
Looks to me that someone accumulating during sell down with SP creeping up already ?