JBM jubilee mines nl

xstrata now winning, page-5

  1. entropylord
    14,181 Posts.
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    07/12/07
    11:06
    Post #: 3088328
    Jojo,

    With 36% in the bag another bidder has buckleys.

    I had heaps but now down to a quarter. Seems to me that 2300 has become the ceiling now, with holding costs/uncertainty exceeding the value of the option of a better bid. I do however reckon there will be strong intransience and 90% will be a big ask - initially.

    Take a look at the market. Buyers are few and small.

    Time to move on imo. CVN is now my largest holding, but not 30%...lol, and not buying more. Your EQN seem to be racing.

    EL
    JBM Price at posting: 0.0¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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