JPR 0.00% 3.0¢ jupiter energy limited

Ann: Proposed issue of securities - JPR, page-2

  1. 525 Posts.
    lightbulb Created with Sketch. 34
    Interesting update. A lot of shares issued yes (~80 million), but of note an acknowledgement for holders below;
    https://hotcopper.com.au/data/attachments/5370/5370812-f69483b338d51015aaf162adfbf14247.jpg
    At the end of the day, there is minimal liquidity so these can't be dumped into holders (largest day of trade approx. 1 million shares in last 6 months).
    If management want any value out of this offering, they will look to drive the share price to levels that align with liquidity and value.
 
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