JKA jacka resources limited

Hi AllIf you haven't done so you might find it interesting to...

  1. 461 Posts.
    Hi All

    If you haven't done so you might find it interesting to read the post dated 14/1/14 by JKA holder mrposhman on the TPT site. IMO it's a thought provoking summary of the decision and risk matrix for JKA holders.

    A few questions for us to consider:

    1. Do you feel there is something missing, something unexplained about the JKA share price? For example why did the JKA SP start falling so dramatically as the Jupiter Rig prepared to start drilling HM3? It fell from 18c mid-March. A possible explanation was given at the AGM where a graph comparing the JKA SP with an index for resource juniors was presented to investors. The falling lines matched very well. Maybe it was this or just one of those unexplainable things? Maybe there is an overhang out there pushing the price down?

    2. Check the JKA website, where are the brokers on the JKA side? Where are DJ Carmichael? Minelife Weekly? Patersons? Stellar?

    3. Do you feel uneasy about the terms of this 'friendly' takeover? From the end of 2011 until the drilling began on HM3 JKA was trading in the range between 12c and 18c. How many longer term holders have had a chance to buy in at prices of 11.2c or lower?

    Hopefully it will all work out. Best wishes to all JKA and TPT holders.

    Regards,

    Chilloutman

    There are risks with O&G stocks, please do your own research or get professional advice before investing.





 
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