Whilst I support the company offering shares in order to increase its capital I am disappointed that making placements is becoming an annual event many times over.
Except for this occasion shares are usually offered at a large discount to JGL supporters such as B & B.
Why not offer shares to current small investors? We always miss out on profits.
The current issue at 30c should provide a good support level for the stock.
The rumour of a possible takeover appears to be crap as stock continues to be offered into safe hands.
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