JKA 0.00% 0.3¢ jacka resources limited

JKA: funding & Aje, page-7

  1. 461 Posts.
    Sorry SBG14, had a busy day yesterday. I think I'll hold and wait for two things: 1) until the vote by shareholders as we should have more information then and keep in mind that this proposal may be voted against just as JKA shareholders voted down the inexplicable merger with Tangiers Petroleum, and 2) If the vote is yes and the idea is okay on paper it would be helpful to see what happens short term to the listing. The other thing I was thinking is that Cornhill bought millions at 2c which would be discounted to their valuations so selling now seems illogical. If it turns out that Aje is actually lost (e.g. unwieldy capital structure in the AIM company or not enough funds raised etc.) I'll seriously consider cutting my loses and move the funds into the renewable energy sector.
 
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