As a shareholder of JKL it is frustrating seeing the SP steadily falling each week, the reason i believe that the SP is going down is due to the lack of news that the company has to report on and hence, no news to attract new buyers.
I do not understand why the company cannot keep SH updated on the status of the litigation cases that they are currently funding.
Also the litigation cases take such a long time to reach a decision that it could be another 2-3 years before JKL see any litigation revenue come into the business, and that is assuming they are successful. So potential investors see this and decide to go elsewhere rather than tie money up in a company that will not see any great revenue in the next year or two.
I can see the SP dropping down to 18c over the next few weeks.
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