JPR 0.00% 2.6¢ jupiter energy limited

help, page-47

  1. 7,611 Posts.
    re: smart money entering Guys , I dont see an IPO extension or failure as necessarily a disaster for JPR . Of course its a bad result for JPRO but thats the risk we all took.
    Remember that JPR owns the JBF asset , and with a mix of debt and equity could easily get it off the ground ... say early next year ...or sell it as a WIP for say 15cps?
    I believe that what they have achieved already is worth probably 10cps , this 'value' wont dissappear , however I firmly believe the local insto's will back the IPO , as will Asian and UK investors , it will only take one major fund to sign and the rest will fight for a piece of the action. This could happen any day this week , Im sure the big guys are still doing their DD , they only got the prospectus last week so we are probably worrying about nothing...imo.

    Nice to see a 'Johnny-Free' thread today ;)

    SALTY
 
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