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
Ann: Jupiter Board and Strategy Update, page-33
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Last
18.5¢ |
Change
-0.025(11.9%) |
Mkt cap ! $362.6M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 17.5¢ | $2.284M | 12.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 85000 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 88288 | 4 |
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| JMS (ASX) Chart |