JAY have had nine straight quarters of exponential growth and looking to be 10 so I am not sure what more needs to shown on the growth front to attract interest.
I agree JAY is very tightly held, what surprises me is the lack of demand in the buy side. Maybe the inability to buy has kept the rampers away and hence JAY has ended up totally ignored.
Given nobody seems interested in selling I would say that the current MC is too low. The interesting question is when someone will be interested in paying enough to encourage some selling.
Ann: Business Update - Transport company earnings exceed $10m, page-11
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