JGL 0.00% 3.8¢ jackgreen limited

Hi guysIMO if there is a further extension of the suspension it...

  1. 9,682 Posts.
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    Hi guys

    IMO if there is a further extension of the suspension it will only be a few days. My opinion of this that the ASX only allowed just over a week this suspension.

    Over 2 months is ample time to raise funds if the companys is capable of doing so. I now think the story of an interested partys was only to gain the extension from the ASX.
    The board have been pushing the interested partys story for "6 months now", and like other announcements it just missleading. Companys don't announce sensitive infornation like interested partys without have the deal on the table.

    When Jackgreen comes back i dont think it will go up or down, but stay even and trade in the 10.5 to 14cent mark as it has been.

    P.S I still think it's a good company but the boards missleading announcements, spending funds unnecessary, calling trading halts early that lead to long suspensions and a lack of respect for it small shareholders is not helping this companys profile.

    PP
 
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