JAY
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0.00% 1.1¢ jayride group limited

This is a really dumb transaction - kill it, page-3

  1. Davisite
    19,151 Posts.
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    05/02/24
    16:10
    Post #: 72245587
    This is the sort of offer that a company with JAY's track record attracts these days trying to raise more than 25% of their MC. They needed to cut harder earlier and get to breakeven 6 to 12 months ago.

    My best guess is they are going to be sold off to some competitor in 2024. It is all about salvage now.
    JAY Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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1.2¢ 59853 1
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