At least for a year or so - that is my verdict after reviewing the prospectus and weighing up what is in there. Just took my 3 bagger.
The market is not 'enthusiastic' on these types of stocks either - so be sure to do your own research and not rely on others being so generous as to do it for you.
Earnings are too far off in this one - 3 years and many many 'risks' if you read the prospectus. The indepenant assessment in the prospectus says that this is a "speculative" investment - not me - that is what the prospectus says.
Look at sentiment towards their peers - a bear market.
The SBI float today was a flop, Mission Biofuels has no buyers - and look at the chart (MBT). Look at sentiment for AAE - check the chart again.
ok - I know all different in some ways in their business plans - but I had hoped for a positive reaction to JPR today - at least 23 - 25 cents given the fact the market is well aware of the pending IPO and just needed the conversion factor and prospectus. A flop I reckon today was for JPR.
6 or so weeks ago some people were predicting JPR would be 40 cents by now - LOL! - I never agreed with that but thought 25 was possible once the prospectus was released - still might be - but wouldn't put the house on it looking at the poor performance of their peers and especially SBI today.
Good luck all - and DO YOUR OWN RESEARCH - better stocks around in my opinion.
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At least for a year or so - that is my verdict after reviewing...
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Last
2.7¢ |
Change
0.002(8.00%) |
Mkt cap ! $34.41M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.7¢ | $7.84K | 290.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 383809 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 444000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 383809 | 0.026 |
1 | 125000 | 0.022 |
1 | 25000 | 0.020 |
3 | 264889 | 0.016 |
1 | 10000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 444000 | 1 |
0.045 | 22675 | 1 |
0.050 | 170000 | 1 |
0.055 | 35000 | 1 |
0.075 | 52500 | 1 |
Last trade - 10.04am 04/10/2024 (20 minute delay) ? |
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