JRV 16.7% 1.5¢ jervois global limited

Jervois price and chart, page-10

  1. 5,480 Posts.
    lightbulb Created with Sketch. 1356
    Thanks for the chart page, everyone. I offer a dissenting view, please dont shoot me.

    https://hotcopper.com.au/data/attachments/3602/3602841-1c16b2972e8da77d88de9b7e1190356a.jpg
    Here is a year, using the ASX chart because it adjusts for issues, options, etc. I see support at ~39-40c Jan-May.

    The rights issue brought a very large increase in the supply of stock, yet to be fully digested. We may well be in the happy and orderly position where demand has grown exactly in lockstep to match supply. That would be highly unusual.

    It is quite possible price will re-test 39-40c.

    We shall see.

    Ash


 
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