Honestly..what sort of investments can JMS make..
They would first have to consolidate the share price
!0 for one would get the share price to $1.90...
I would at least think it would be driven down to $1.50
A capitol raising would have to be around $1.30..
All those share would be used to short the share price down even further...
Any divvies would go on interest and I imagine more capital raising will come..
I see the best possible outcome would be sort of merger....
but that wont be of much help with the share price at 19 cents..
I really think Ntsimbitle will just buy JMS out...and paying around $300 million..
That will be after a Capitol raising and money put into some long term venture..
I really don't see any real positive outcome from the current position...
Cheers
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36 | 3046441 | 0.150 |
23 | 1855657 | 0.145 |
16 | 431148 | 0.140 |
Price($) | Vol. | No. |
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0.170 | 235711 | 4 |
0.175 | 370500 | 5 |
0.180 | 131225 | 4 |
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