Ann: Change in substantial holding - J.P.Morgan , page-7

re: Ann: Change in substantial holding - J.P.... Hi hardmano,
assuming the Options were allocated to them (could it be any other way)then yes, you'd have to think that JPM was expecting big things, to take up the Sept 2010 option at 0.40 cents. Surely they could purchase cheaper on market? Though perhaps not at these quantities.
Perhaps they are looking for more clout?
Its the only explanation I can offer over the rush to purchase the 0.30 Options exercised in 2011, especially when they could have settled in over a years time.

Can only be interpreted as a Positive sign.
JPM (probably) simply recognise what a great buy Hillsgrove Resources are at these prices

fairport