JRV 9.09% 1.2¢ jervois global limited

I agree..once shares consolidated..there is stilldownside...Let...

  1. 1,555 Posts.
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    I agree..once shares consolidated..there is still
    downside...

    Let us say buy 5,000,000 shares at 0.001c [$5000]
    Conversion at 100/1..leaves 5000 shares assuming
    share price at 10c..but failing any positive announcements
    share price could easily fall at least 50%[5c]..similar to
    any new IPO..that does not produce the goods!!!

    I will definetly wait for post consolidation before
    investment decision..

    Cheers!
 
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