jermajesty listing

Pharmasafe has not listed
Priority One has not listed
First Mongolian has not listed

Now we are told Jermajesty wants to list. GCN and its shareholders have stood to benefit each time it says company XYZ wants to list but each time we have been left standing at the alter. Will the Jermajesty carrot be the one that we can all feast on?

If we are to believe the numbers, GCN has a 20% stake in Jermajesty Holdings which is seeking to float with a capital value of approximately $300 million. GCN's share would be $60 million or 6c per share - 10 times the current share price.

GCN holders stand to benefit considerably from a Jermajesty listing but will it happen? We all thought P1 would list. It still might but it's had a few false starts.

Lets hope long suffering shareholders are rewarded with a Jermajesty listing.