There was some 'Substantial Holder' action yesterday (16 August) on Blina Diamond's side of the Blina/Kimberley fence.
Blina announced that Merryl Lynch will hold 14% of Blina Diamonds compared to its previous 8% holding.
What that suggests to me is Merryl Lynch saw increased investment merit in Blina's recent drilling results.
I did too (when Blina's drilling results were announced) and sold half my KIMs to buy some BDIs.
Now begins the waiting game (for Blina to hit pay dirt big-time) that was rudely interrupted (for my KIM holdings) by a very pushy mob from London.
KIM
kimberley diamond company nl.
There was some 'Substantial Holder' action yesterday (16 August)...
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