Agreed Andrewf69.
As we are all able to buy at below CR price, it is sensible to do on market, and simply hold the entitlement as a short dated out of the money call.
The many uncertainties around the JRV business do not make buying easy or comfortable. It could easily be throwing good money after bad or a ground floor opportunity.
JRV is not for everyone, personal risk tolerance and capital reserves are very important. With investment and business risks evated ATM, it is more than reasonable for many holders to prefer to sit on the sidelines until the future plays itself out (over the next 12 to 24 months. There will be no criciism from this poster, except for those who have no skin in the game yet post here with an air of self serving intellectual superiority.
GLTASH
Ann: Retail Information Booklet, page-7
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Last
1.2¢ |
Change
0.001(4.55%) |
Mkt cap ! $29.73M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $46.72K | 4.087M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 3273861 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1578360 | 7 |
View Market Depth
| Last trade - 15.55pm 20/08/2024 (20 minute delay) ? |
| JRV (ASX) Chart |