I agree with you Mondy. Mercuria have the power to influence our share price in a huge way. They are definitely up to something. They could keep buying whilst knowing that they could be making deals behind the scene in favour of the share price. They have access to the registry of all outstanding shareholders being a major shareholder. They have the power to work out the amount of shares available on market. It’s frightening at the amount of power that they wield over the share price. Bryce stated that they are fully concentrating on making a profit in Finland this quarter. I don’t know if our electricity costs will fall as electricity prices have declined by 75% in Finland recently. I think any good news on that is surely going to help us going forward.
What ever happens I’m sure JRV will start showing a profit in Finland as it’s a must. Whether or not Mercuria get more involved with JRV going forward is also a wait and see but in saying that these huge companies have a lot of power when investing in companies like JRV.
They only stand to make money no matter the outcomes of their decisions... I just hope they burn the shorts and not the shareholders. I would say that they would not want to burn the experienced team that they have in JRV as they couldn’t replace them. Just my thoughts as I keep adding more.
- Forums
- ASX - By Stock
- Ann: Change in substantial holding
I agree with you Mondy. Mercuria have the power to influence our...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add JRV (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $48.65M |
Open | High | Low | Value | Volume |
1.8¢ | 1.9¢ | 1.7¢ | $146.6K | 8.202M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 36930 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 6018638 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 36930 | 0.018 |
10 | 5353646 | 0.017 |
6 | 746917 | 0.016 |
20 | 5093472 | 0.015 |
26 | 16307849 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 6018638 | 11 |
0.020 | 6773995 | 8 |
0.021 | 2820000 | 9 |
0.022 | 364910 | 3 |
0.023 | 435000 | 3 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
Last
1.7¢ |
  |
Change
0.001 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
1.8¢ | 1.9¢ | 1.7¢ | 1903037 | ||
Last updated 15.56pm 21/05/2024 ? |
Featured News
JRV (ASX) Chart |
The Watchlist
AUQ
ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
Previous Video
Next Video
SPONSORED BY The Market Online