There has been some interesting views over the past few days, but from a distance I do think JKA should somehow be complimented on their promotion of their company, and how they have retained their mkt cap at what I feel is a high level. Some exploration coys collapse in sp, but not this one. On reflection the CR maybe a good long term, and maybe even short term, strategic action.
The promotion appears to be base heavily on the ability and past performance of one individual being Richard Ardon; plus various brokers well timed written recommendations; hot copper advertisement if 'stock of the year' recommendation or similar, and probably some strategic purchasing of shares by large holders at times of possible market weakness. And now this increase in cash holding. Maybe the promotions dept of JKA is up there with the best.
I will watch with interest.
JKA Price at posting:
10.7¢ Sentiment: None Disclosure: Not Held
