Todays ann of the company venturing into the betting agency...

Todays ann of the company venturing into the betting agency business does fit well with its online experience and investment partner.

But what may seem even more surprising is that this announcement comes just 6 days after all that frozen escrow stock was finally realeased...25 million shares...
now I'm not going to dig back to see who owns the 25 million but I won't be surprised if its a director of the company.
And of course the director Mr M Veverka is a continuing buyer of the stock on market it appears from asx announcements.
In April 2004 Jum management warned shareholders off an unsolicited approach to shareholders by mail to acquire their shares.

So much new stock unfrozen and what to do with it....an outsider trying to buy up the companys stock .....Jums investment in Global Approach glo gaining value through the glo ann on 14 may 2004...
...Jum holding 19.9 % of glo and a swag of options...

The glo investment in a 2nd online casino fitting in with the online capacities of JUM corp and the combined synergies of both companies appear to enchnce the possibility of successful betting shops online....

Glo first announced its intention to buy a 2nd online casino on 23/3/04...at a time soon after JUmM became its major shareholder......by April an undisclosed buyers was mailing out offers to buy BUY JUM shares off market...

now thats followed by the escrow release and now this new JUM venture...

So what the stock obviously now needs is strong buying...a strong market depth on the buy side....
well to date both buys and sells have been weak.....
...but its obvious from the offmarket approach someone is in the market to buy JUM stock...probably wanted them before any announcements...

Now its a case of waiting for the market depths to indicate its safe to venture back into JUm...
This stock hasn't done a thing since the tech thud of 2000 so just maybe its overdue...maybe its time for someone to cash in on all that frozen paper money....a rise could do that...
I hold a minimal position in the stock ...like i do in several other specs...the longer they have stood still increases the chances of a rise...
make your own decision...these are all facts available in JUM asx announcements......