STTCOMP JKA, TA Long African Oil Explorer (at face value in any...

  1. 324 Posts.
    STTCOMP JKA, TA Long

    African Oil Explorer (at face value in any case).

    Market Cap approx $3.2M
    460,822,883 Shares on Issue.
    $0.007 Last Traded SP

    Extreme volume (14 Million Shares in less than 2 hours)
    The usual volume range for JKA over the past few months has been either zero, or less than 500,000 Shares.

    Entered into a trading halt as a result of a failure to provide a response to the ASX Price Query. IMO this indicates it is unlikely that there will be a 'Not Aware' response, as we are all aware of how small those documents are and how quickly they can be produced.

    Extremely risky play, but given the trend of large volume spikes preceding rises I was willing to give it a shot.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.