JNOHi,From memory I think your average is 26.5 so you are...

JNO

Hi,

From memory I think your average is 26.5 so you are behind, unfortunately.

In my simple analysis I don not see many redeeming features in the short term, and I only base my thoughts on the following;

1. The chart is pretty ordinary, and in fact the peak trading hour was when the price opened at 23.5, hit 29.5 and closed at 27.
https://www.tradingview.com/x/Wy7sb528/

2. The recent capital raising was a disappointment as they intended to offer 80M shares at 25c and raise $20M when in fact the only had take up for 15.6M shares raising $3.9 M.

3. JNO has 135,658,001 shares on issue and the Top 20 hold 72.06%.

4. I tend to like companies where the directors have skin in the game, but with JNO they only hold 5.25M shares,or 3.87% of SOI.

5. Production is at least 15-18 months away and there will almost inevitably be more cash raises along the way

6. Share price performance is not terribly attractive

Performance

	1 Week	-22.00%
1	1 Month	-22.00%
2	2021 YTD	-22.00%
3	1 Year	-22.00%
4	vs Sector (1yr)	-
5	vs ASX 200 (1yr)	-48.66%

However, we are in Mad May and anything is possible as has been demonstrated by some of the activity of late in the market, so one can never be certain.

I hope this helps rather than obfuscates......