Heres a post from another forum...No wonder AYN has been held...

Heres a post from another forum...No wonder AYN has been held back.... JP morgan has been trying to buy as much shares as they can as cheaply as possible!

They should add a sentiment option..."Put your house on it!"

The last time I looked around a month ago, the information available showed that JP Morgan owned around 15% of Alcyone.

Today I see that as at March 12th 2011 JP Morgan had subbstantially increased their ownership to 26.63%.

Prefential access to physical deliveries?

That was 3 weeks ago - I would be interested in seeing where they are at now.

http://www.alcyone.com.au/about_us/capital_structure.phtml


JP Morgan shareholdings of AYN

November 25th - 46,220,200 - 6.13%
January 24th -139,061,654 - 13.58%
March 12th -348,506,373 - 26.63%
Today...............................?

(referenced below)

Notice a trend here?

The JP boys do their homework - AYN seems like it has received the blessing.

Also worth note is the second largest shareholder - HSBC - Their partners in crime in relation to their alleged naked short selling.

They have also increaded their ownership over the same period from 2% to 6%.

This also gives me a positive feeling.

Two questions if anyone could answer them please:

1. At what point on a percentage basis would a company be assumed to be under take over threat? specifically AYN from JP morgan

2. Would JP Morgan and HSBC have board level information based on their current shareholding positions?


http://www.investsmart.com.au/shares/asx/Alcyone-Resources-AYN.asp

http://www.buysellsignals.com/BuySellSignals/report/Australia/Stock/PDF/Daily/Australia_pdf_1398.pdf

http://www.alcyone.com.au/about_us/capital_structure.phtml