Late last year Jacka was trading at almost 5c, having already plunged from 20.
I know they had other problems with drilling and takeover attempts but at 5c, I reckon almost every bit of bad news was already factored in.
To see it now drop from 5c to 1.3c, you have to seriously question whether emotions are playing too big a part and whether this will be looked back on as the low, and an opportunity that went begging.
JKA Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
