JPR 13.3% 2.6¢ jupiter energy limited

value drops from 75million to 1million dollars, page-5

  1. 31 Posts.
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    You're correct!

    The value hasn't dropped from $75million to $1million.

    It has acually dropped from $115 million to $1million.

    $75million was for only 65% of the company (150 million shares)

    A further 80 million shares were to be distributed to JPR shareholders.

    Hence JPB which was being sold for $115 million in the IPO has now been sold for $1million.

    What a drop in value in just 6 months!
 
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