I was wondering the same thing.. 2,250,000 at $2.55. JIN has an intrinsic value based on cash flow at just under $6 so I guess they figured $2.55 was still a bargain. Good balance sheet with plenty of cash and no debt. Forager Funds Management has been buying a few over the past 6 months as well.
Happy days ahead for holders imo.
My comments only. DYOR.
special trade @ $2.55, page-3
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Last
$13.37 |
Change
0.120(0.91%) |
Mkt cap ! $839.0M | |||
| Open | High | Low | Value | Volume |
| $13.29 | $13.41 | $13.18 | $3.244M | 244.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 797 | $13.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.41 | 658 | 1 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| JIN (ASX) Chart |