JMS 0.00% 16.5¢ jupiter mines limited.

Ann: Jupiter Board and Strategy Update, page-33

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  1. 8,034 Posts.
    lightbulb Created with Sketch. 566
    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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