my theory on recent weakness

With Jupiter Biofuel float in the wing and JPR holder getting a 50% entitlement, any major shareholders or instos would not want JPR assets to dilute any further by allowing the October options fully exercise. As such, they will ensure the share price trade lower than 20c until the end of this month before they'll buy back in for the Biofuel float.

So I am expecting weakness to continue until 1st of November and any buying of JPR above the last share placement of 12.5c is a good buy for JPR future potential and 50% free carry of Biofuel share are worth buying in for.

I wouldn't read too much into the recent oil weakness, it will go back much higher and until someone can convince me there will be no more trouble in the Middle East. Of course don't forget we got the US election coming up and as always, the men in blacks want to make sure their man is in the office and must have good news for US citizens.

Just my opinion and conspiracy theory.