ptoki,
as has been stated here, jpm are selling their stake in plv. they will sell anywhere between 18-21c. they just want their money and thats that.
i would say they probably have another 3million shares to go, i don't see it as an issue, it has nothing to do with plv's announcements or progress over last few months (how could it?!), their new fund manager wants out of this sector and good riddance to them, its an opportunity isn't it?
im sure new brokers are waiting for jpm to finish up, we are $42million MC, a new producer with a 12MT resource of very gettable premium 68%Fe, first ship leaves in 4 weeks, and by December 2 ships a month, plan of attack for massive underground DSO resource to be outlined, all the while Irvine gets closer...
- Forums
- ASX - By Stock
- PLV
- Ann: Cockatoo - Offtake Agreement Executed
Ann: Cockatoo - Offtake Agreement Executed , page-8
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)