JKA jacka resources limited

promising play

  1. 13,316 Posts.
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    Took a small position in this stock at 14 cents just prior to end of 2011. Attractive oiler on EV basis (peer comparisons per recent preso higlights valuation on EV basis of 60+ cents from memory), plus had an attractive chart.

    Today's cute little sell of 4,385 shares at 13.5 cents looks a lovely engineered sell to keep this stock under the radar.

    Doubt it will be there for long...give it a couple of weeks and reckon 20's are beckoning...wink wink say no more...

    Like I said, nice chart, good FA, just needs some news.
 
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