you may also read an "old" piece in AFR (2 November) re Chinese (Zijin/Shandong/Zhaojin) buying into Aussie gold companies
Recent 51% "placement" in FML seen as a "toe in the water" to not make same mistakes as they did with Iron deals - but also may be using FML as a first step to "bigger plays"
http://afr.com/p/markets/market_wrap/miners_expect_china_to_get_bold_kVq2IU9WhW9T7F00XPB4RO
(copyright- but currently AFR has a promo for free access)
quite interesting comment by Jake Klein (EVN) .
Also just come across a post by "chuck" on ABU thread:
he seems to think that some funds/US holders may have been clearing some items to benefit from current CGFT rule in US before that will change (end of month).
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1 | 6073 | 15.690 |
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1 | 1000 | 15.650 |
Price($) | Vol. | No. |
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15.710 | 15236 | 1 |
15.720 | 15324 | 1 |
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