JPR 0.00% 2.6¢ jupiter energy limited

waterford group - a tough long term investor, page-37

  1. J8
    14,595 Posts.
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    Interesting point(s) GO re: shorting . Convertibles seem to regularly crunch any rising SP , unceremonious dumps , like clockwork . JPR sat at 3.5c for long enough , this is the 20pc discount . Surprised it held where it did .

    Will we see a slow decline to TWO CENTS sometime over the next few weeks when there is another little correction and more holders get the squeeze ? No news of improved flows for August IMO ... J51 plans need to be released asap .

    If it holds around here without news for couple of weeks many will take the offer . Can they pump it for that long ?
 
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