whats happening, page-3

radind,

only my opinion but i'd say it has something to do with consmin takeover. i believe Palmary have no interest in JML nothing personal but they aren't into gold and have paid a substantial lot more than the initial offer for consmins, therefore i believe they will be selling out their 27 odd % stake and getting some cash back.

i'm waiting for a ceasing to be substantial holder notice.

if this is the case then a bit of turbulance for holders while its happening, obviously not good timing given current US woes but some good buying opportunities if your looking at buying in or topping up.

there have been many rumours of takeovers in the pipeline for JML and this sell down could pave the way for someone to take a stake.

my opinion, sit tight, ride it out, nothing has changed with the company.

i could be wrong but only time will tell.

cheers Davo.

DYOR