JPR 0.00% 2.6¢ jupiter energy limited

the equation, page-68

  1. 12,650 Posts.
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    Can someone post a chart please.
    When it couldn't hold 7.5 and retraced after 8.5 someone is playing games or it's fully priced until the cashflow arrives.
    Maybe brisca wants $3m worth of shares and not cash or someone is planning to underwrite the options.Don't forget when they underwrite,they just pay 8c and zero for the option premium.That means they won't let it go too far past 8 to deter people converting.

    If you see the buy strength that has never been there before,it means people want it.It also means dirty games.

    I really thought it might hit close to 10c but it didn't so back to the drawing board.
    I had a heap of options so the gamble was a bit high.
    I rather buy half what i had once it breaks 8.5.
    Still a buy imo.
 
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