JMS 0.00% 26.0¢ jupiter mines limited.

53 mill trade, page-20

  1. 510 Posts.
    lightbulb Created with Sketch. 42
    It seems there's not a lot of benefit in continuing to hold IMO without any clarification of current prospects from the company..

    Pallinghurst only needs another 3.32% to take it private and in effect could use the JMS cash holding to do so.

    So much for the urging from July last year..

    ""The rights issue element of this fundraising is aimed to provide an opportunity to the existing shareholders to invest at the same attractive terms as that of the private placement. I urge all the shareholders to consider taking up their proportionate rights at this attractive price, so to avoid dilution and to benefit as the three projects are delivered.""

    Happy to be proven wrong...

    GLTA.
 
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