The article you refer to clearly states the following:
"Jianxi Resources was in no way connected to a prominent Chinese resources company with a similar name, the document states."
You need to stop listening to Swami.
They sold 20M shares to a company 6 years ago and you think they knew that in 6 years they were going to go from an energy company into the Infant Formula business and wait for the SP to move from 3 c to 7c?
Genius.
If you ever went to any of the general meetings, Crimmins said a year ago that he would hand over the reigns as he was involved in many businesses that took too much of his time and once EcoMag was ready to go to IPO he would no longer be involved in JAT.
And I would bet my left plum that he hasn't sold one share as he knows where this is going.
Nothing to see here.
Ann: Director resignation - Crimmins, page-34
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