Fidelity owns a significant share of Neteller

They own more than Lawrence or Lefevbre.

Shouldn't the Department of extortion be knocking on their door in Boston soon?

CO, date, Shares, %

<TABLE id=table1 cellPadding=3 width="100%" border=0><TBODY><TR><TD align=right width="100%" bgColor=#eeeeee>AXA S.A.</TD><TD align=right width="100%" bgColor=#eeeeee>24/04/07</TD><TD align=right width="100%" bgColor=#eeeeee>12,351,778</TD><TD align=right width="100%" bgColor=#eeeeee>10.30</TD></TR><TR><TD align=right width="100%">Fidelity (FMR Corp & Fidelity International Limited)</TD><TD align=right width="100%">26/03/07</TD><TD align=right width="100%">8,681,508</TD><TD align=right width="100%">7.24 </TD></TR><TR><TD align=right width="100%" bgColor=#eeeeee>1098853 Alberta Ltd.</TD><TD align=right width="100%" bgColor=#eeeeee>08/11/05</TD><TD align=right width="100%" bgColor=#eeeeee>8,144,765</TD><TD align=right width="100%" bgColor=#eeeeee>6.79</TD></TR><TR><TD align=right width="100%">UBS AG</TD><TD align=right width="100%">18/01/07</TD><TD align=right width="100%">7,559,186</TD><TD align=right width="100%">6.30</TD></TR><TR><TD align=right width="100%" bgColor=#eeeeee>Eagle Medallion Fortress Investment Corporation</TD><TD align=right width="100%" bgColor=#eeeeee>08/11/05</TD><TD align=right width="100%" bgColor=#eeeeee>6,638,094</TD><TD align=right width="100%" bgColor=#eeeeee>5.54</TD></TR><TR><TD align=right width="100%">Corvina International Ltd.</TD><TD align=right width="100%">27/12/06</TD><TD align=right width="100%">6,085,541</TD><TD align=right width="100%">5.07</TD></TR><TR><TD align=right width="100%" bgColor=#eeeeee>Man Financial Limited</TD><TD align=right width="100%" bgColor=#eeeeee>16/01/07</TD><TD align=right width="100%" bgColor=#eeeeee>5,571,432</TD><TD align=right width="100%" bgColor=#eeeeee>4.65</TD></TR><TR><TD align=right width="100%">Caledonia Investments Pty Limited & associates</TD><TD align=right width="100%">16/01/07</TD><TD align=right width="100%">4,034,061</TD><TD align=right width="100%">3.36</TD></TR><TR><TD align=right width="100%" bgColor=#eeeeee>Phoenix Asset Management Partners Limited</TD><TD align=right width="100%" bgColor=#eeeeee>02/10/06</TD><TD align=right width="100%" bgColor=#eeeeee>3,980,348</TD><TD align=right width="100%" bgColor=#eeeeee>3.32</TD></TR></TBODY></TABLE>

Sean,

I thought you were in the Securities business? If you really were, you would know that when you see Fidelity (as an example) listed as a significant shareholder it indicates that one or more of their Mutual Funds hold the stock. Perhaps even more importantly it includes individual shareholders that have purchased the stock thru Fidelity and are holding it long in their account under "Street Name".

While Fidelity may own Neteller in their own Corporate portfolio, the majority of the stock is a combination of Fund Holdings and Stock held in Street Name.

The same goes for the other top shareholders AXA, UBS, Man Fiin, Phoenix etc.

I think the 5% belonging to to Man Financial is actually due to CFD's taken out on Neteller by Dermot Desmond.

More likely to be mutual funds than individual buyers, but what Hal says is true...

I do not dispute what he says.

Yet, I am surprised to see US companies have such a strong share considering the US gov's stance...

Sean

Well a lot of them own shares in publicly listed bookmakers too, they don't cater to the US any more, so would expect this to be no different.

Just re-read my post. Didn't mean to come across like a dick. I think I'm about to start my period.:monsters-

tough call to unload those shares now, down 60% since they resumed trading.

I know some people who bought when they hit 60pish on the day they were re-activated, I strongly considered it, but couldn't pull the trigger (partially because I still use them a lot, and they'd be heavily linked investments). Up in the mid 70s now.

They're not down 60% since they resumed, that was the paper (behind-the-scenes) loss of value during the time they weren't listed.