You need to hold onto developers a little longer than 2 years in my book.
Having held for nearly 10, the JRV journey has been pretty rewarding. Trading peaks and troughs has not been that hard.
Last years CR at 44c proved to be a money doubler within a year after that. I cannot assume the same of this raise, but I have absolutely backed up the truck today with increasing buys at 0.5c increments below 36c.
I don't know if I will be here in 3 years, that is out of my hands. If I am not, my heirs will probably thank me for buying in the midst of investor gloom.
One cannot dismiss the fact that without the fully underwritten cash of $200m+, this company was trading around 50c. With a loaded bank account and production ramping up at ICO, expansion of Finland and SMP it don't take a lot of brains to join the dots of what the future looks like. That does not mean some investors need the picture fully painted before they get.
Such is life.
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.02M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.0¢ | $41.40K | 3.739M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 8223008 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 246716 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 7194075 | 0.010 |
13 | 4549432 | 0.009 |
7 | 4288888 | 0.008 |
5 | 3861570 | 0.007 |
6 | 5216666 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 246716 | 6 |
0.012 | 4487253 | 12 |
0.013 | 3309228 | 13 |
0.014 | 3891080 | 8 |
0.015 | 3016868 | 4 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
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JRV (ASX) Chart |