JPR 0.00% 2.6¢ jupiter energy limited

no news so far, page-12

  1. 513 Posts.
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    This is some really interesting trading action and it smells really fishy.

    Practically a 3mil units buy at 5.8c IMO from 1 guy (can anyone please clarify this for me?). Now I'm not saying that it's not possible a smart investor might just be taking some turf, but who would risk that much money when a cap raising might just be around the corners. This also just got eaten into before I could finish this post.

    So imo, it's either an institution/s going the long con or insiders and we all know how well the ASX moderates these market plays. Do you think it's likely that an Institution is taking up placement at an SP higher than the current SP?

    The final part that I want to discuss is the how oil prices might affect JPR. We've had a 20% gain in oil prices this last month. Firstly, this should not cause a direct 1 to 1 increase in JPR because the company still has to go through Kazak regulations and can't sell directly to the market. Even if it was 1 to 1 increase, it would still not account for the >40% gain this last month. I don't think it's logical to consider an increase ratio greater than 1.

    MCV1, I have lots of patience, however the way I see it is that we might be getting played and as investors we're always one step behind the big fish. I'm just trying to read the poker face.
 
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