I'm happy to address the first part of your post Ch. There are countless occasions when a new fund manager flogs the underperforming lovechilds of the departed manager. It is a natural thing to do. It is an irrelevant position for JPM so it is being flicked. It was bought on the back of an old relationship that is finished. An easy sell.
The second part is for Tony. Why the JTC isnot on board has been explained. Why Timeone has a new investor has been explained. Actually Chubbito, what is your question that has not already been answered?
PLV Price at posting:
21.2¢ Sentiment: None Disclosure: Held
