Ann: Ceasing to be a substantial holder, page-7

  1. 9,298 Posts.
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    Tuts, sure, when you show where I said "JPM is a cornerstone investor". The, clearly futile, discussion was in fact that JPM is a massive global prime broker and custodian that will offer a variety of fee earnings services in MSB stock, as well as most of the over 2,000 listed stocks in Australia (and various other financial assets including ASX index derivatives, ETF's, OTC's, ETO's etc, etc), and will have the same indifference it does in execution to it or any of the other tens of thousands of equity products it will offer globally to clients as a prime broker.

    I think you perhaps need to understand, whilst many of JPM's clients, or indeed its proprietary arm (unlikely as its much reduced in scope) may have directional interest in MSB's share price, JPM for the most only cares about it as one of tens of thousands products it offers custodial and brokerage services, etc, in globally. My only point.
 
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