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05/02/16
19:27
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Originally posted by Nani (MG)
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It is possible that a Fund could be bailing out of GMM and someone is organising an Organised Exit. That makes sense to me and also the weekness in the last few days. But my Q is why a Fund would do that, if it is doing it, when we are all expecting a Resource UpGrade and also Off take agreements etc. As I said few days ago, something is going on that we don't have a Clue or we could comprehend.
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I would leave such a fund in a jiffy, if they had such poor decision making. But then based on what I've seen of the management of some funds, it's hardly surprising.